601 CannonKannapolis, NC 28083

  • Retail properties
  • 1,896 SF
Off market
$5,988,740 Estimated

Property Details for 601 Cannon

Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.60 AC
Property size (Sq ft)
1,896 SF
Zone code
GC
Property type
Retail properties
Property subtype
Gas stations
APN
5624 01 9768
APU
5624019768

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $671,907
    6.5%
    $620,222
    7%
    $575,921
  • Comparable approach

    Method
    Valuation
    Relative Method
    $809,093
    Geo Method
    $809,093
  • Alternative Use

    Use
    Valuation
    Residential
    $523,181
    Hospitality
    $479,231
    Educational
    $398,714
    Medical
    $412,427
    Retail
    $620,222
601 Cannon, Kannapolis, North Carolina

Location Insight

City
Kannapolis
County
Cabarrus
State
North Carolina
Latitude
35.5027
Longitude
-80.6096
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
$2,811
$168,180
$79,410
$247,590
-
$168,180
$79,410
$247,590

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