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    Property profile & analytics

    95 Mcgill NW Ave Concord, NC 28025-4675

    • Office Properties & Spaces
    • 1,654 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Last Sale
    Feb 06, 2024
    $190,000
    Location Intelligence
    Property ID
    US53-0721688
    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

    • Office Properties & Spaces

    Property Details for 95 Mcgill NW Ave

    Year built
    1920
    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    1,654 SF
    Zone code
    C-2
    Property type
    Office Properties & Spaces
    APN
    5621 50 7218
    APU
    5621507218

    Description

    This exceptional 1,414 square foot retail property, located at 95 NW McGill Avenue in Concord, NC, presents a unique investment opportunity. Situated on a 0.21-acre lot, this C-2 zoned property enjoys unparalleled visibility from both McGill Avenue and Buffalo Avenue, ensuring maximum exposure for your business. Its strategic location between Downtown Concord and Gibson Mill places it within easy reach of a substantial customer base. The versatile C-2 zoning allows for a wide range of business uses, including but not limited to retail establishments, office spaces, showroom/office combinations, and mixed-use live/work spaces. Examples of permitted businesses include tax agencies, insurance agencies, real estate firms, law offices, legal services providers, and cell phone companies. This property is ideal for entrepreneurs seeking a high-traffic location to launch a new venture or for established businesses looking to relocate to a more prominent and accessible site. The asking price is $220,000. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area of Concord. Don't miss out on this chance to secure a prime location for your business success.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $190,000

    • CAP approach

      CAP return
      Estimation
      6%
      $215,000
      6.5%
      $205,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $215,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $230,000
      Retail
      $180,000
      Mixed-Use
      $215,000
      Hospitality
      $210,000
      Educational
      $220,000
      Residential Income
      $210,000
      Energy
      $210,000
      Income-Based Land
      $185,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.592
    Latitude
    35.4164
    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
    $1,437
    $80,000
    $64,300
    $144,300
    -
    $80,000
    $64,300
    $144,300

    Comparable in this City

    • Value Estimation by Request
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      CONDOMINIUM OFFICES • 833 SF
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      1 Buffalo NW Ave, Unit 115C

      CONDOMINIUM OFFICES • 931 SF
      1 Buffalo NW Ave, Concord, NC 28025-4000
      View Details
    • Value Estimation by Request
      4,000 SF

      486 Copperfield NE Blvd

      OFFICE (GENERAL) • 4,000 SF
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      View Details

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    95 Mcgill NW Ave
    Concord, NC 28025-4675
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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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