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    Property profile & analytics

    776 Florence NW St Concord, NC 28027-5922

    • Warehouses
    • 114,942 SF
    • 12.47 lot acres
    OFF-MARKET
    Value Estimation
    $860,000
    Location Intelligence
    Property ID
    US53-5259175
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Blackwelders Converter & Metal Recycling / Recycling Center / Junkyard

    Property Details for 776 Florence NW St

    Year built
    1953
    Construction
    STEEL FRAME
    Lot size
    12.47 lot acres
    Property size
    114,942 SF
    Zone code
    I-2
    Property type
    Warehouses
    APN
    5621 03 7227
    APU
    5621037227

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $875,000

    • CAP approach

      CAP return
      Estimation
      6%
      $985,000
      6.5%
      $995,000
      7%
      $1,055,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,005,000
      Geo Method
      $925,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $865,000
      Retail
      $1,085,000
      Mixed-Use
      $1,120,000
      Hospitality
      $825,000
      Educational
      $1,125,000
      Residential Income
      $930,000
      Energy
      $845,000
      Income-Based Land
      $975,000
      Food Service
      $830,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6081
    Latitude
    35.4244
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $18,484
    $689,130
    $1,166,650
    $1,855,780
    -
    $689,130
    $1,166,650
    $1,855,780

    Comparable in this City

    • Value Estimation by Request
      4.73 Acres

      256 Davidson Hwy

      Distribution properties • 4.73 Acres
      256 Davidson Hwy, Concord, NC 28027
      View Details
    • Value Estimation by Request
      10,115 SF

      501 Pitts School NW Rd

      WAREHOUSE, STORAGE • 10,115 SF
      501 Pitts School NW Rd, Concord, NC 28027
      View Details
    • Value Estimation by Request
      83,329 SF

      4412 Republic NW Ct

      WAREHOUSE, STORAGE • 83,329 SF
      4412 Republic NW Ct, Concord, NC 28027-7722
      View Details
    • Value Estimation by Request
      165,662 SF

      321 Sign NW Dr

      WAREHOUSE, STORAGE • 165,662 SF
      321 Sign NW Dr, Concord, NC 28027-6197
      View Details
    • Value Estimation by Request
      3,420 SF

      337 Small NW Ave

      WAREHOUSE, STORAGE • 3,420 SF
      337 Small NW Ave, Concord, NC 28027-0774
      View Details
    • Value Estimation by Request
      2,448 SF

      749 Old Charlotte SW Rd

      WAREHOUSE, STORAGE • 2,448 SF
      749 Old Charlotte SW Rd, Concord, NC 28027-6328
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
      41,840 SF

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    • $13 SF/Yr
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      3600 SF Flex Warehouse, Ideal Location
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      View Details
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    776 Florence NW St
    Concord, NC 28027-5922
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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