Property profile

91 Corban Ave SW Concord, NC 28025

FOR SALE
Warehouses
Property ID
US53-5245051
1,920 SF Built 1983
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Property summary

AI-generated overview

This 1,920-square-foot industrial property, built in 1983, is ideally situated for a variety of uses. Currently operating as a fully functional carwash near Downtown Concord, this single-tenant space offers significant potential. The building features a 173-foot frontage and is zoned C-2, allowing for adaptable uses such as auto repair, quick lube services, or continued operation as a carwash. The existing carwash layout includes individual stalls measuring 15.5 feet by 25 feet. The property boasts a total building area of 1,920 square feet and is located in Cabarrus County, with an APN of 5620-86-5493-0000. There are no elevators on the premises. This versatile space presents a unique opportunity for entrepreneurs seeking a well-located industrial property with existing infrastructure. The property's zoning allows for a range of compatible businesses, making it an attractive investment for those seeking a flexible and adaptable commercial space. The existing carwash setup provides a solid foundation for continued operation or a seamless transition to a different industrial use. This is a prime opportunity to acquire a well-positioned property in a thriving area.

Property profile

Verified
Property type Warehouses
Year built 1983
Total area 1,920 SF
UPID US53-5245051

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
  • Car Wash

Location

91 Corban Ave SW Concord, NC 28025
Concord metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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