201 29thKannapolis, NC 28083

  • Warehouses
  • 2,400 SF
Off market
$6,712,550 Estimated

Property Details for 201 29th

Year built
1967
Lot size
0.67 AC
Property size (Sq ft)
2,400 SF
Zone code
C2:HIGHWAY COMMERCIAL
Property type
Warehouses
APN
162 001
APU
162001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,253,060
    6.5%
    $1,156,670
    7%
    $1,074,050
  • Comparable approach

    Method
    Valuation
    Relative Method
    $650,266
    Geo Method
    $650,266
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $599,985
    Mixed-Use / Specialty
    $603,246
    Hospitality / Lodging
    $449,612
    Office
    $605,286
    Institutional / Educational
    $629,062
    Residential Income
    $736,003
    Multifamily
    $852,788
    Automotive / Energy
    $539,196
    Parking / Income-Based Land
    $180,735
    Restaurant / Food Service
    $325,276
    Healthcare / Senior Housing
    $613,080

Location Insight

City
Kannapolis
County
Rowan
State
North Carolina
Latitude
35.5307
Longitude
-80.6115
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
$1,968
$109,512
$53,171
$162,683
-
$109,512
$53,171
$162,683

FAQs

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