80 TransitConcord, NC 28025

  • Hospitality properties
  • 40,100 SF
Off market
$4,138,110 Estimated

Property Details for 80 Transit

Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.84 AC
Property size (Sq ft)
40,100 SF
Zone code
CD-OI
Property type
Hospitality properties
Property subtype
Hotels
APN
5622 00 5217
APU
5622005217

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,980,264
    6.5%
    $10,135,628
    7%
    $9,411,655
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,957,755
    Geo Method
    $15,957,755
  • Alternative Use

    Use
    Valuation
    Residential
    $11,065,161
    Hospitality
    $10,135,628
    Educational
    $8,432,724
    Medical
    $8,722,738
    Retail
    $13,117,570
80 Transit, Concord, North Carolina

Location Insight

City
Concord
County
Cabarrus
State
North Carolina
Latitude
35.4436
Longitude
-80.6099
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
$41,216
$439,170
$3,698,940
$4,138,110
-
$439,170
$3,698,940
$4,138,110

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