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    Property profile & analytics

    7821 Gtwy NW Ln Concord, NC 28027-4419

    • Hotels
    • 48,510 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $8,110,000
    Last Sale
    Dec 22, 2023
    $7,925,000
    Location Intelligence
    Property ID
    US53-1132767
    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

    • Sleep Inn & Suites At Concord Mills / Hotel

    Property Details for 7821 Gtwy NW Ln

    Year built
    1999
    Construction
    WOOD
    Lot size
    2.00 lot acres
    Property size
    48,510 SF
    Zone code
    C-2
    Property type
    Hotels
    Property subtype
    Motels
    APN
    4589 93 9937
    APU
    4589939937

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $8,065,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,435,000
      6.5%
      $7,400,000
      7%
      $7,130,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $8,805,000
      Geo Method
      $9,435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,350,000
      Retail
      $7,050,000
      Mixed-Use
      $8,340,000
      Hospitality
      $7,700,000
      Educational
      $7,190,000
      Residential Income
      $6,560,000
      Energy
      $9,110,000
      Income-Based Land
      $6,695,000
      Food Service
      $7,410,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.711
    Latitude
    35.3703
    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
    $111,075
    $3,136,320
    $8,015,760
    $11,152,080
    -
    $3,136,320
    $8,015,760
    $11,152,080

    Comparable in this City

    • Value Estimation by Request
      91,680 SF

      7200 Scott Padgett NW Pkwy

      HOTEL/MOTEL • 91,680 SF
      7200 Scott Padgett NW Pkwy, Concord, NC 28027-0108
      View Details
    • Value Estimation by Request
      75,260 SF

      7831 Gtwy NW Ln

      HOTEL/MOTEL • 75,260 SF
      7831 Gtwy NW Ln, Concord, NC 28027-4419
      View Details
    • Value Estimation
      $1,290,000
      49,442 SF

      7845 Cmns Park NW Cir

      HOTEL/MOTEL • 49,442 SF
      7845 Cmns Park NW Cir, Concord, NC 28027-4423
      View Details
    • Value Estimation by Request
      324,349 SF

      5400 John Q Hammons NW Dr

      HOTEL/MOTEL • 324,349 SF
      5400 John Q Hammons NW Dr, Concord, NC 28027-3401
      View Details
    • Value Estimation by Request
      53,329 SF

      7850 Cmns Park NW Cir

      HOTEL/MOTEL • 53,329 SF
      7850 Cmns Park NW Cir, Concord, NC 28027-4423
      View Details
    • Value Estimation by Request
      44,651 SF

      7725 Sossamon NW Ln

      HOTEL/MOTEL • 44,651 SF
      7725 Sossamon NW Ln, Concord, NC 28027-3308
      View Details

    Similar Nearby for Sale

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      4.45 Acres

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      Commercial real estate • 4.45 Acres
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      Residential Land in High-Growth Corridor

      3.13-acre site zoned for residential development in Concord, NC.
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    Similar Nearby for Lease

    • $22 SF/Yr
      56,628 SF

      Premier Retail-Office Space Near Mall

      Class A retail and office space near Concord Mills Mall.
      8415 Pit Stop Ct, Concord, NC 28027
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space Near Concord Mills

      Retail space for lease in mixed-use center near Concord.
      2410 Herrons Nest Pl NW, Concord, NC 28027
      View Details
    • Contact for pricing
      932,962 SF

      Spacious Warehouse with Undeveloped Land

      932,962 SF warehouse with 74 acres of undeveloped land.
      1000 Stanley Dr, Concord, NC 28027
      View Details
    • Contact for pricing
      1,450 SF

      Retail Space Near Concord Mills

      Retail space for lease in mixed-use center near Concord.
      2405 Herrons Nest Pl NW, Concord, NC 28027
      View Details
    • Contact for pricing

      Concord Warehouse Space Available

      Warehouse, industrial, and distribution property available for rent in Concord.
      1000 Stanley Dr, Concord, NC 28027
      View Details
    • Contact for pricing

      Concord Parkway Outparcel for Lease

      1 to 1.5 acre outparcel at signalized intersection.
      589 Concord Pkwy N, Concord, NC 28027
      View Details

    Property Visit Statistics

    • Visits by month
      3.1k
    • Visitors by month
      2.0k
    • Avg Time on site
      383 min
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    Concord, NC 28027-4419
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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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