70 Pitts SchoolConcord, NC 28027

  • Auto shops
  • 18,590 SF
Off market

Property Details for 70 Pitts School

Year built
1989
Construction
STEEL FRAME
Lot size
8.69 AC
Property size (Sq ft)
18,590 SF
Zone code
I-1
Property type
Auto shops
APN
5509 34 0862
APU
5509340862

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,034,670
    6.5%
    $4,647,380
    7%
    $4,315,430
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,273,950
    Geo Method
    $3,273,950
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $8,959,350
    Mixed-Use / Specialty
    $4,672,640
    Hospitality / Lodging
    $3,482,620
    Office
    $4,688,440
    Institutional / Educational
    $4,872,610
    Residential Income
    $5,700,960
    Multifamily
    $6,605,550
    Automotive / Energy
    $4,176,520
    Parking / Income-Based Land
    $1,399,950
    Restaurant / Food Service
    $2,519,540
    Healthcare / Senior Housing
    $4,748,820

Location Insight

City
Concord
County
Cabarrus
State
North Carolina
Latitude
35.3729
Longitude
-80.667
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
$26,683
$1,141,260
$1,537,770
$2,679,030
-
$1,141,260
$1,537,770
$2,679,030

FAQs

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