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404 Penny Ln; Concord, NC Property Details

404 Penny Ln, Concord, NC is a Commercial Office that was built in 1997. This property is currently Financed and is not for sale. Our records show that 404 Penny Ln has 9 bathrooms, and a total of 8,400 square feet. The lot size of 404 Penny Ln is 50,094 square feet.

Off market
400 Penny Ln Concord, NC 28025
$950,000 Listing Price
9 Baths
8,400 SqFt
Property Type
Commercial Office
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Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1997
  • Purchase Price: $950,000
  • Open Loans / Balance: 2 / $678,593
  • APN: 5622 40 9802
  • Situs County: Cabarrus
  • Length Of Ownership: 12 years, 3 months

Rooms

  • Bathrooms: 9

Structure

  • Building Style: Steel
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: C
  • Roof Type: Steel Frame / Truss
  • Porch Type: Open
  • Roof Cover Type: Tar & Gravel

Measurements

  • Total: 8,400/SqFt
  • Lot: 50,094/SqFt
  • Gross: 8,400/SqFt
  • Living: 8,300/SqFt
  • Building: 8,400/SqFt
  • Ground: 8,300/SqFt
  • Price Per Square Foot: $113.10

Legal Description

  • Description: LT 3 CABARRUS PROFESSIONAL PK
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cabarrus County Schools
  • Lat / Lon: 35.445305 / -80.59519
  • Subdivision: Ne Medical Center
  • Property Class: Office
  • Zoning: C-2
  • County Use Code: 17

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1217
  • Bathroom Fixtures: 18
  • Cooling: Central
  • Garage: Offsite
  • Heating: Forced air unit

Ownership Info

400 Penny Ln has no associated ownership info
400 Penny Ln has no associated ownership info.

Taxes

400 Penny Ln has 8 associated Taxes items

404 Penny Ln, Concord, NC pays taxes in Cabarrus County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $1,193,310. The APN we've located for 404 Penny Ln is 5622 40 9802.

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Taxes
  • Assessed Value:  $1,193,310
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5622 40 9802
  • Assessed Land Value:  523480
  • Market Land Value:  523480
  • Market Value:  1193310
  • Market Year:  2024

Tax History

400 Penny Ln has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,193,310 Land Value $523,480 Improvement Value $669,830 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $1,193,310 Land Value $523,480 Improvement Value $669,830 Tax Amount $11,885.37 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $1,193,310 Land Value $523,480 Improvement Value $669,830 Tax Amount $11,885.37 Change Rate -0.131567% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $1,121,840 Land Value $475,890 Improvement Value $645,950 Tax Amount $13,686 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $1,121,840 Land Value $475,890 Improvement Value $645,950 Tax Amount $13,686 Change Rate -0.000033% Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $1,121,840 Land Value $475,890 Improvement Value $645,950 Tax Amount $13,686.45 Change Rate +0.000033% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $1,121,840 Land Value $475,890 Improvement Value $645,950 Tax Amount $13,686 Change Rate +0.093812% Assessed CR Tax Rate +0.0122%
Year 2019 Assessed Value $1,025,590 Land Value $428,300 Improvement Value $597,290 Tax Amount $12,512.2 Change Rate +0.033899% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $1,025,590 Land Value $428,300 Improvement Value $597,290 Tax Amount $12,101.96 Change Rate Assessed CR Tax Rate +0.0118%
Year 2017 Assessed Value $1,025,590 Land Value $428,300 Improvement Value $597,290 Tax Amount $12,101.96 Change Rate +0.685714% Assessed CR Tax Rate +0.0118%
Year 2016 Assessed Value $1,221,430 Land Value $631,180 Improvement Value $590,250 Tax Amount $7,179.13 Change Rate Assessed CR Tax Rate +0.005878%
Year 2015 Assessed Value $1,221,430 Land Value $631,180 Improvement Value $590,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $1,221,430 Land Value $631,180 Improvement Value $590,250 Tax Amount Change Rate Assessed CR Tax Rate
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