Realmo Analytics

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Property profile

735 Cabarrus W Ave Concord, NC 28027

OFF-MARKET
Drug stores
Property ID
US53-1887954
15,034 SF 1.69 ac lot Built 1999
Last sale May 2021 · $6,321,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 15,474-square-foot, single-tenant retail building located in Concord, North Carolina, previously leased to Walgreens (WBA) under an absolute net (NNN) structure. The site is situated along Cabarrus Ave West and Warren C Coleman Blvd East, with heavy traffic reported along these corridors (over 19,000 vehicles per day). The surrounding area includes major retailers such as Big Lots, McDonald’s, Food Lion, and Walmart Supercenter, supporting its configuration as a single-tenant retail pharmacy/drug store location.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$40k
Tax billed · 2024
Assessed value$4.03M
Assessed land$1.91M
Assessed improvement$2.11M
Effective rate1.00%

Value estimate

· Nov 2026
$4.32M
$3.88M – $4.75M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$132/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$77 – $202
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The C-2 District is established to provide areas for general commercial activities designed to serve the community such as shopping cente...
General categoryCOMMERCIAL
JurisdictionCABARRUS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency20.5
Building Supply15.5
Dental Office13.1

Location

735 Cabarrus W Ave Concord, NC 28027-6850
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
264 Concord S, Concord, NC 28027-6700 $1,700,000 Jul 2025 9,000 SF
931 Concord N, Concord, NC 28027-5944 $1,815,000 May 2023 10,073 SF
1100 Concord N, Concord, NC 28027-5926 $895,000 Jul 2021 10,968 SF
3050 Derita, Concord, NC 28027-3681 $5,815,000 May 2021 12,366 SF
4312 Republic NW, Concord, NC 28027-7718 $880,000 Aug 2020 14,080 SF
1101 Concord N, Concord, NC 28027-5925 $1,270,000 Jun 2020 9,072 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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