547 Winecoff School Rd Concord, NC 28027
- Grocery and convenience stores
- 34,839 SF
- 6.69 lot acres
Current Use by Public Records
- Coinstar Exchange / Money Transfer Service
- Food Lion / Grocery Store
Property Details for 547 Winecoff School Rd
- Year built
- 2005
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 6.69 lot acres
- Property size
- 34,839 SF
- Zone code
- GC
- Property type
- Grocery and convenience stores
- APN
- 5612 60 3287
- APU
- 5612603287
Description
Winecoff Commons, located at 547 Winecoff School Rd in Concord, NC, presents a prime retail investment opportunity. This neighborhood center boasts a total of 43,096 square feet of retail space, situated on a 6.68-acre lot in Cabarrus County. Currently, 1,200 square feet of space is immediately available, with a minimum divisible unit size of 1,200 square feet, offering flexibility for various retail concepts. The property is zoned GC and features ample parking with 185 spaces to accommodate customers and employees. Its convenient location in Concord, NC, zip code 28027, provides excellent accessibility and visibility for businesses seeking to establish a presence in a thriving community. The property's multiple tenancy structure allows for a diverse mix of businesses, creating a vibrant and attractive shopping destination. This is an exceptional chance to secure retail space in a well-established center with significant potential for growth and return on investment. The property's size and ample parking make it ideal for a variety of retail uses. Interested parties should inquire about the available space and leasing terms.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,790,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,525,000
- 6.5%
- $5,765,000
- 7%
- $6,290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,940,000
- Geo Method
- $5,830,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,170,000
- Retail
- $4,835,000
- Mixed-Use
- $6,195,000
- Hospitality
- $5,105,000
- Educational
- $5,080,000
- Residential Income
- $6,240,000
- Energy
- $5,480,000
- Income-Based Land
- $6,280,000
- Food Service
- $5,515,000
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Cabarrus
- State
- North Carolina
- Longitude
- -80.6239
- Latitude
- 35.4434
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
