2339 Odell School RdConcord, NC 28027

Property Details for 2339 Odell School Rd

Year built

1960

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.10 AC

Property size (Sq ft)

16,085 SF

Zone code

O-I

Property type

Office properties

Property subtype

Other office properties

APN

4682 41 7025

APU

4682417025

Description

This stunning new Class A office building, completed in November 2024, offers 16,813 square feet of versatile space on a 3.09-acre lot. The single, two-story building boasts a modern design with abundant natural light and a functional courtyard. Multiple tenancy options are available, ranging from 997 to 2,772 rentable square feet, perfect for traditional office, executive office, medical office, coworking, or creative office uses. Currently, 3,769 square feet are vacant and ready for immediate occupancy. The building features a thoughtfully designed layout, including a communal café-style break room and conveniently located restrooms in each wing. Ample parking is provided with 60+ spaces. The property is zoned O-I and enjoys a convenient location, just 8 minutes from Afton Ridge and I-85, 11 minutes from Concord Mills, and 13 minutes from Kannapolis. The asking rate is $22 per square foot, NNN. This exceptional property presents a unique opportunity for businesses seeking modern, efficient, and well-located office space. Don't miss this chance to secure your ideal workspace in this brand-new development.

• CAP approach

  CAP return

  Valuation

  6%

  $3,877,706

  6.5%

  $3,579,421

  7%

  $3,323,748

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,723,834

  Geo Method

  $2,723,834

• Alternative Use

  Use

  Valuation

  Residential

  $4,438,482

  Hospitality

  $4,065,626

  Educational

  $3,382,553

  Medical

  $3,498,884

  Retail

  $5,261,748

Location Insight

City

Concord

County

Cabarrus

State

North Carolina

Latitude

35.444

Longitude

-80.7302

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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