1110 CannonKannapolis, NC 28083

  • Drive through restaurants
  • 2,006 SF
Off market
$1,216,830 Estimated

Property Details for 1110 Cannon

Year built
2021
Construction
WOOD
Lot size
0.81 AC
Property size (Sq ft)
2,006 SF
Zone code
GC
Property type
Drive through restaurants
APN
5623 03 0243
APU
5623030243

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $543,278
    6.5%
    $501,488
    7%
    $465,667
  • Comparable approach

    Method
    Valuation
    Relative Method
    $353,284
    Geo Method
    $353,284
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $966,781
    Mixed-Use / Specialty
    $504,213
    Hospitality / Lodging
    $375,801
    Office
    $505,918
    Institutional / Educational
    $525,791
    Residential Income
    $615,176
    Multifamily
    $712,789
    Automotive / Energy
    $450,678
    Parking / Income-Based Land
    $151,065
    Restaurant / Food Service
    $271,877
    Healthcare / Senior Housing
    $512,433

Location Insight

City
Kannapolis
County
Cabarrus
State
North Carolina
Latitude
35.4792
Longitude
-80.6122
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
$13,817
$501,520
$715,310
$1,216,830
-
$501,520
$715,310
$1,216,830

FAQs

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