Property profile

791 Davidson NW Dr Concord, NC 28025

OFF-MARKET
Strip malls
Property ID
US53-0422181
6,339 SF 0.38 ac lot Built 1960
Entity Owned 7-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,200 square foot retail space is available for lease in Cabarrus County, offering a fantastic opportunity for a single-tenant business. Located at 791 Davidson Dr, this property presents a blank canvas for your commercial venture. The entire 1,200 square feet is currently vacant, providing immediate occupancy for your business needs. The property is classified as a single-tenant retail space, ensuring exclusive use and control of the premises. This makes it ideal for a variety of retail businesses seeking a prominent location. The building's size is perfectly suited for smaller businesses looking to establish a strong presence in a thriving community. The property's location within Cabarrus County offers excellent access to local amenities, transportation routes, and a strong customer base. This is a rare opportunity to secure a well-positioned retail space in a desirable area. The property is ready for immediate occupancy, allowing for a swift and efficient start to your business operations. Interested parties are encouraged to inquire promptly to secure this prime retail location. The property is categorized as commercial real estate and offers a single tenancy arrangement. This presents a unique opportunity for businesses seeking a dedicated space without the complexities of multi-tenant occupancy. The property's size and location make it an attractive option for a wide range of retail concepts.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,339 SF
Lot 0.38 ac (16,400 SF)
Zoning code C-2
APN 5621 25 7545
UPID US53-0422181

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
  • (Bike/Boat/Book/etc) Store Photography Service
  • Clothing & Fashion Store

Location

791 Davidson NW Dr Concord, NC 28025-4378
Concord metro Census 42401 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2019
2 recorded transactions
2019
$500,000
2010
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 791 Davidson NW Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message