145 Union StConcord, NC 28025

Property Details for 145 Union St

Lot size

0.02 AC

Zone code

CC

Property type

Office properties

APN

5620 97 7214 0003

APU

56209772140003

Description

This Class A executive office space at 145 Union St S, Concord, NC 28025, offers multiple tenancy options within a 5,400 square foot building. Currently, 120 square feet are vacant, with two available suites ranging from 70 to 121 square feet. The building features nine total executive suites, providing a professional and private work environment. Amenities include tenant storage lockers, two well-equipped conference rooms (each with multimedia displays, sound, Apple TV, and a separate wireless network), and a shared kitchenette. Security is ensured through 24/7 access via secure biometric access-controlled interior doors. Noise reduction is prioritized with insulated walls between suites and a building-wide acoustic white noise machine system, guaranteeing office privacy. This prime Concord location offers an exceptional opportunity for businesses seeking a modern and functional workspace. The property is conveniently located at 145 Union St S, Concord, NC 28025.

• CAP approach

  CAP return

  Valuation

  6%

  $209,977

  6.5%

  $193,825

  7%

  $179,980

• Comparable approach

  Method

  Valuation

  Relative Method

  $147,495

  Geo Method

  $147,495

• Alternative Use

  Use

  Valuation

  Residential

  $240,343

  Hospitality

  $220,153

  Educational

  $183,165

  Medical

  $189,464

  Retail

  $284,923

Location Insight

City

Concord

County

Cabarrus

State

North Carolina

Latitude

35.4085

Longitude

-80.5779

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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