1806 Lane St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1806 Lane St
2,217 SF Office Building Kannapolis, NC 28083 $350,000 ($158/SF) 8.57% Cap Rate
Investment Highlights
- Located in the thriving Kannapolis market.
- Situated on a 0.42-acre lot, zoned for Office and Institutional (OI) use, allowing for various business applications.
- Combination of current income and future appreciation makes this property an attractive long-term asset.
- Just minutes from downtown, offering great visibility and accessibility for future growth.
- Positioned in a city experiencing ongoing economic prosperity, enhancing long-term investment value.
- This property is ready to generate income from day one, minimizing the hassle for new owners.
Executive Summary
This commercial property presents a golden opportunity for investors looking to enter the thriving Kannapolis market with
minimal risk. Located just minutes from downtown, 1806 Lane Street is not only strategically placed for growth but also
comes with an existing lease through March 2026, generating a steady $2,500 per month. This 0.42-acre lot, zoned for
commercial use (OI), features a 2,217 sq ft building constructed in 1950, offering immediate income while you plan for
future development or expansion. The combination of its prime location, ongoing lease, and potential for future value
appreciation makes this property an excellent choice for investors seeking both immediate returns and long-term equity
growth in a city poised for continued economic prosperity. Don't miss out on this chance to secure a piece of Kannapolis's
promising future with a property that works for you from day one.
minimal risk. Located just minutes from downtown, 1806 Lane Street is not only strategically placed for growth but also
comes with an existing lease through March 2026, generating a steady $2,500 per month. This 0.42-acre lot, zoned for
commercial use (OI), features a 2,217 sq ft building constructed in 1950, offering immediate income while you plan for
future development or expansion. The combination of its prime location, ongoing lease, and potential for future value
appreciation makes this property an excellent choice for investors seeking both immediate returns and long-term equity
growth in a city poised for continued economic prosperity. Don't miss out on this chance to secure a piece of Kannapolis's
promising future with a property that works for you from day one.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Building Size
2,217 SF
Building Class
B
Year Built
1950
Price
$350,000
Price Per SF
$158
Cap Rate
8.57%
NOI
$29,995
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,217 SF
Building FAR
0.11
Lot Size
0.46 AC
Zoning
O-I - Office-Institutional
Parking
7 Spaces (3.16 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 of 1
PROPERTY TAXES
| Parcel Number | 5624-51-3517-0000 | Improvements Assessment | $247,290 |
| Land Assessment | $65,000 | Total Assessment | $312,290 |
PROPERTY TAXES
Parcel Number
5624-51-3517-0000
Land Assessment
$65,000
Improvements Assessment
$247,290
Total Assessment
$312,290
1 of 49
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1806 Lane St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.