Property profile

5555 Covington NW Dr Concord, NC 28027

OFF-MARKET
Specialty properties
Property ID
US53-0844053
1,820 SF 5.23 ac lot Built 1998
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1998
Construction WOOD
Total area 1,820 SF
Lot 5.23 ac (227,819 SF)
Zoning code RV
APN 5509 15 8588
UPID US53-0844053

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5555 Covington NW Dr Concord, NC 28027-2800
Concord metro Census 42601 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

Zoning & alternative use

RV · Concord, NC
Zoning description

The RV District is established to provide areas for detached and attached single family homes, with a maximum of eight dwelling units per acre, in areas where large lot development is discouraged and facilities and servi…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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