Technical
Financial
Distress signals
Property profile

7501 Ruben Linker NW Rd Concord, NC 28027

OFF-MARKET
Other industrial properties
Property ID
US53-5252794
3.9 ac lot
Individually Owned Free & Clear
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Property summary

AI-generated overview

The property consists of approximately 4.9 acres of land made up of two adjacent parcels and is zoned I-1 (Industrial). The site includes an existing 1972 brick tri-level house offered in its as-is condition; the house features granite kitchen counters and tile flooring in the kitchen and sunroom. City water and sewer services are available at the street, but the house is not currently connected and is instead served by a well and septic system. The parcels are located on the same street as Hendrick Collision Center, a secondary school, and a daycare. The land was historically part of a larger development context, with approximately one acre sold in 2019 to support construction of a rear entrance for a townhouse/apartment project to the rear; depending on future completion of adjacent work, the subject parcels may function as a corner configuration at that time. The two lots are also adjacent to a neighboring approximately 5.9-acre lot, which could allow the combined land area to total approximately 10.8 acres if assembled with the adjacent property.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 3.9 ac (169,884 SF)
Zoning code I-1
APN 4599 27 2765
UPID US53-5252794

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency

Location

7501 Ruben Linker NW Rd Concord, NC 28027-2603
Concord metro Census 42602 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

Zoning & alternative use

I-1 · Concord, NC
Zoning description

The I-1 District is established to provide for areas that contain a mix of light manufacturing uses, office park and limited retail and service uses that service the industrial uses in an attractive business park setting…

General category INDUSTRIAL

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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