125 Pitts SchoolConcord, NC 28027

Off market
$28,663,750 Estimated
  • Strip malls
  • 10,349 SF

Property Details for 125 Pitts School

Year built
2021
Construction
WOOD
Lot size
2.86 AC
Property size (Sq ft)
10,349 SF
Zone code
C-2
Property type
Strip malls
Property subtype
Neighborhood centers
APN
5509 43 4142
APU
5509434142

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,667,495
    6.5%
    $3,385,380
    7%
    $3,143,567
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,416,299
    Geo Method
    $4,416,299
  • Alternative Use

    Use
    Valuation
    Residential
    $2,855,694
    Hospitality
    $2,615,801
    Educational
    $2,176,316
    Medical
    $2,251,162
    Retail
    $3,385,380
125 Pitts School, Concord, North Carolina

Location Insight

City
Concord
County
Cabarrus
State
North Carolina
Latitude
35.3693
Longitude
-80.6643
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
2023
$19,899
$890,000
$1,358,890
$2,248,890
-
$890,000
$1,358,890
$2,248,890

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