Property profile

Reed NE St Concord, NC 28025

OFF-MARKET
Industrial properties
Property ID
US53-1743778
0.48 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 0.48 ac (20,909 SF)
Zoning code I-1
APN 5620 99 8983
UPID US53-1743778

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Reed NE St Concord, NC 28025
Concord metro Census 42300 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.63M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.48M

Owner & transaction history

since 2020
Last sale
$1.5M
7 recorded transactions
2020
Price N/A
2020
$1.5M
2016
Price N/A
2016
$330,000
2014
Price N/A
1969
Price N/A
1969
Price N/A

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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