Property profile

7831 Gtwy NW Ln Concord, NC 28027

OFF-MARKET
Hotels
Property ID
US53-2311316
75,260 SF 3.42 ac lot Built 2009
Individually Owned 17-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2009
Construction STEEL FRAME
Total area 75,260 SF
Lot 3.42 ac (148,975 SF)
Zoning code C-2
APN 4599 04 1285
UPID US53-2311316

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
  • Hotel & Motel
  • Hotel & Motel
  • Gym & Fitness Center Sports Field & Court

Location

7831 Gtwy NW Ln Concord, NC 28027-4419
Concord metro Census 42602 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$1.31M

Owner & transaction history

since 2009
3 recorded transactions
2009
Price N/A
2009
$2.1M
1969
Price N/A

Zoning & alternative use

C-2 · Concord, NC
Zoning description

The C-2 District is established to provide areas for general commercial activities designed to serve the community such as shopping centers, repair shops, wholesale businesses, and retail sales with limited outdoor displ…

General category COMMERCIAL

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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