300 SuffolkKannapolis, NC 28083

  • Residential income properties
  • 4,942 SF
Off market
$5,497,210 Estimated

Property Details for 300 Suffolk

Year built
1971
Construction
WOOD
Lot size
2.90 AC
Property size (Sq ft)
4,942 SF
Zone code
R8
Property type
Residential income properties
Property subtype
Garden apartment buildings
APN
5613 83 0863
APU
5613830863

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,477,332
    6.5%
    $1,363,692
    7%
    $1,266,285
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,297,161
    Geo Method
    $1,297,161
  • Alternative Use

    Use
    Valuation
    Residential
    $1,363,692
    Hospitality
    $1,249,134
    Educational
    $1,039,265
    Medical
    $1,075,007
    Retail
    $1,616,634
300 Suffolk, Kannapolis, North Carolina

Location Insight

City
Kannapolis
County
Cabarrus
State
North Carolina
Latitude
35.4807
Longitude
-80.619
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
$62,421
$240,000
$5,257,210
$5,497,210
-
$240,000
$5,257,210
$5,497,210

FAQs

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