1402 MainKannapolis, NC 28081

  • Retail properties
  • 4,628 SF
Off market
$2,990,000 Estimated

Property Details for 1402 Main

Year built
1949
Construction
WOOD
Lot size
0.30 AC
Property size (Sq ft)
4,628 SF
Zone code
GC
Property type
Retail properties
Property subtype
Gas stations
APN
5613 61 3854
APU
5613613854

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,640,078
    6.5%
    $1,513,918
    7%
    $1,405,781
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,974,938
    Geo Method
    $1,974,938
  • Alternative Use

    Use
    Valuation
    Residential
    $1,277,046
    Hospitality
    $1,169,768
    Educational
    $973,233
    Medical
    $1,006,704
    Retail
    $1,513,918
1402 Main, Kannapolis, North Carolina

Location Insight

City
Kannapolis
County
Cabarrus
State
North Carolina
Latitude
35.4752
Longitude
-80.6245
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
$2,270
$76,500
$123,420
$199,920
-
$76,500
$123,420
$199,920

FAQs

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