Technical
Financial
Distress signals
Property profile

8501 Westmoreland NW Dr Concord, NC 28027

OFF-MARKET
Life science properties
Property ID
US53-5252112
34,232 SF 7.08 ac lot Built 2022
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 2022
Construction STEEL FRAME
Total area 34,232 SF
Lot 7.08 ac (308,274 SF)
Zoning code I-1
APN 4690 06 3827
UPID US53-5252112

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
  • Tour Operator

Location

8501 Westmoreland NW Dr Concord, NC 28027-7571
Concord metro Census 41306 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.94M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.94M

Owner & transaction history

since 2024
Last sale
$9.9M
1 recorded transaction
2024
$9.9M

Zoning & alternative use

I-1 · Concord, NC
Zoning description

The I-1 District is established to provide for areas that contain a mix of light manufacturing uses, office park and limited retail and service uses that service the industrial uses in an attractive business park setting…

General category INDUSTRIAL

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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