1516 ConcordConcord, NC 28025

  • Hospitality properties
  • 7,937 SF
Off market
$2,744,040 Estimated

Property Details for 1516 Concord

Year built
1940
Construction
WOOD
Lot size
1.52 AC
Property size (Sq ft)
7,937 SF
Zone code
C-2
Property type
Hospitality properties
Property subtype
Hotels
APN
5621 19 5237
APU
5621195237

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,173,326
    6.5%
    $2,006,147
    7%
    $1,862,850
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,158,521
    Geo Method
    $3,158,521
  • Alternative Use

    Use
    Valuation
    Residential
    $2,190,129
    Hospitality
    $2,006,147
    Educational
    $1,669,090
    Medical
    $1,726,493
    Retail
    $2,596,363
1516 Concord, Concord, North Carolina

Location Insight

City
Concord
County
Cabarrus
State
North Carolina
Latitude
35.441
Longitude
-80.6065
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
$27,331
$946,820
$1,797,220
$2,744,040
-
$946,820
$1,797,220
$2,744,040

Property Visit Statistics

  • Visits by month
    18.9k
  • Visitors by month
    18.1k
  • Avg Time on site
    61 min

FAQs

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