1121 Hwy 24th 27thMidland, NC 28107

  • Office properties
  • 4,000 SF
Off market
$43,782,110 Estimated

Property Details for 1121 Hwy 24th 27th

Year built
2010
Construction
BRICK
Lot size
4.37 AC
Property size (Sq ft)
4,000 SF
Zone code
OI
Property type
Office properties
APN
5524 46 5255
APU
5524465255

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,119,138
    6.5%
    $1,033,050
    7%
    $959,261
  • Comparable approach

    Method
    Valuation
    Relative Method
    $677,360
    Geo Method
    $677,360
  • Alternative Use

    Use
    Valuation
    Residential
    $1,280,982
    Hospitality
    $1,173,373
    Educational
    $976,232
    Medical
    $1,009,807
    Retail
    $1,518,584

Location Insight

City
Midland
County
Cabarrus
State
North Carolina
Latitude
35.2404
Longitude
-80.5923
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
$3,948
$200,400
$383,610
$584,010
-
$200,400
$383,610
$584,010

FAQs

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