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Property profile & analytics
OFF-MARKET
Estimated value
$12,690,000
Office Spaces
7550 Westwinds NW Blvd, Concord, NC 28027-3303
Entity Owned
9-yr Hold
Free & Clear
Property ID
US53-3142585
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2023
Construction
STEEL FRAME
Total area
60,286 SF
Lot
6.51 ac (283,750 SF)
Zoning code
CUI-2
APN
4680 71 1120
UPID
US53-3142585
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.12M
Comparable Approach
Comparable
$12.55M
Blend (final)
Blend
$12.69M
Owner & transaction history
Westwinds Center LLC · 9 yrs held
Westwinds Center LLC
since 2017
3 recorded transactions
Zoning & alternative use
CUI-2 · Concord, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$19.0M
+16.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$14,210,000
6.5%
$13,120,000
7%
$12,180,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$16,315,000
Current use
RESTAURANT
$18,955,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$13,330,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$12.69M
Range $11.42M – $13.96M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$210 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$213,360
Tax year 2024
Assessed value
$21,421,650
Assessed 2024
Previous assessed
$930,890
+2,201.2% YoY
Effective rate
1.00%
On assessed value
Assessed land
$1,404,420
Assessed improvement
$20,017,230
Land market value
$1,404,420
Improvement market value
$20,017,230
Total market value
$21,421,650
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2023
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
60,286 SF
Lot
6.51 ac (283,750 SF)
Zoning code
CUI-2
APN
4680 71 1120
UPID
US53-3142585
Jurisdiction
CABARRUS
Zoning & alternative use
CUI-2 · Concord, NC
Zoning CUI-2 · permitted uses
CUI-2 · Concord, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Concord. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$16.3M
RESTAURANT
Est. value
$19.0M
MEDICAL BUILDING
Est. value
$13.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2023
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
6.51 ac
Current owner
From public records · entity-resolved
Westwinds Center LLC
Entity
Free & Clear · 9 yrs held
Mailing address
1 DAYTONA BLVD #109, DAYTONA BEACH, FL 32114-1212
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2017
$6,980,000
Westwinds Center LLC
Delaware General Corp
Grant Deed
—
Sep 29, 2010
—
Delaware General Corp
—
Deed Of Trust
related
$6,213,000 · Suntrust Bank NA
—
—
Delaware General Corp
—
Deed Of Trust
related
$7,835,179 · Wachovia Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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