Property profile

563 Cabarrus W Ave Concord, NC 28027

OFF-MARKET
Retail space
Property ID
US53-3633097
1,300 SF 0.05 ac lot Built 1922
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1922
Construction WOOD
Total area 1,300 SF
Lot 0.05 ac (2,125 SF)
Zoning code C-2
APN 5620 33 4638
UPID US53-3633097

Cap rate & NOI

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

Location

563 Cabarrus W Ave Concord, NC 28027-6224
Concord metro Census 42000 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2018
$50,000
2016
Price N/A

Zoning & alternative use

C-2 · Concord, NC
Zoning description

The C-2 District is established to provide areas for general commercial activities designed to serve the community such as shopping centers, repair shops, wholesale businesses, and retail sales with limited outdoor displ…

General category COMMERCIAL

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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