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    Property profile & analytics

    931 Concord N Pkwy Concord, NC 28027-5944

    • Drug stores
    • 10,073 SF
    • 1.27 lot acres
    OFF-MARKET
    Value Estimation
    $1,840,000
    Last Sale
    May 05, 2023
    $1,815,000
    Location Intelligence
    Property ID
    US53-0860217
    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

    • MoneyGram / Money Transfer Service
    • Brandon M. Krug, PharmD / Pharmacy
    • UPS Access Point location / Shipping And Mailing Service / Mailing Service
    • Dollar Tree / Dollar Store / Craft Store

    Property Details for 931 Concord N Pkwy

    Year built
    1997
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.27 lot acres
    Property size
    10,073 SF
    Zone code
    C-2
    Property type
    Drug stores
    APN
    5611 94 0300
    APU
    5611940300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,845,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,795,000
      6.5%
      $1,670,000
      7%
      $1,695,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,680,000
      Geo Method
      $2,070,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,550,000
      Retail
      $1,745,000
      Mixed-Use
      $1,590,000
      Hospitality
      $1,965,000
      Educational
      $1,695,000
      Residential Income
      $1,725,000
      Energy
      $1,750,000
      Income-Based Land
      $1,665,000
      Food Service
      $1,975,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6146
    Latitude
    35.4271
    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
    $33,813
    $1,366,430
    $2,028,490
    $3,394,920
    -
    $1,366,430
    $2,028,490
    $3,394,920

    Comparable in this City

    • Value Estimation by Request
      10,908 SF

      3645 Concord Pkwy

      Individual retail properties • 10,908 SF
      3645 Concord Pkwy, Concord, NC 28027
      View Details
    • Value Estimation
      $4,895,000
      15,034 SF

      735 Cabarrus W Ave

      DRUG STORE, PHARMACY • 15,034 SF
      735 Cabarrus W Ave, Concord, NC 28027-6850
      View Details
    • Value Estimation by Request
      15,201 SF

      10 Pitts School SW Rd

      DRUG STORE, PHARMACY • 15,201 SF
      10 Pitts School SW Rd, Concord, NC 28027-3931
      View Details
    • Value Estimation by Request
      3,268 SF

      760 Cabarrus W Ave

      DRUG STORE, PHARMACY • 3,268 SF
      760 Cabarrus W Ave, Concord, NC 28027-6851
      View Details
    • Value Estimation by Request
      2.00 Acres

      3710 Concord S Pkwy

      CONVENIENCE STORE • 2.00 Acres
      3710 Concord S Pkwy, Concord, NC 28027-9055
      View Details
    • Value Estimation by Request
      5,786 SF

      400 Ashdale Ct

      FINANCIAL BUILDING • 5,786 SF
      400 Ashdale Ct, Concord, NC 28027-7909
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      2,100 SF

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      High-visibility retail space near Concord Mills with strong co-tenancy.
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      View Details
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      Retail space for lease in mixed-use center near Concord.
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    • Contact for pricing
      1,450 SF

      Retail Space Near Concord Mills

      Retail space for lease in mixed-use center near Concord.
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    • New
      $25 SF/Yr
      56,628 SF

      Retail Space Near Concord Mills

      Retail space available in premier Concord Mills area development.
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    • $10 SF/Yr
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      Retail Space in Village Center

      21,691 SF retail space available for lease now.
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      View Details
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    Concord, NC 28027-5944
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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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