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7850 Commons Park Cir; Concord, NC Property Details

7850 Commons Park Cir, Concord, NC is a Hotel Or Motel that was built in 2016. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 7850 Commons Park Cir has a total of 53,329 square feet. The lot size of 7850 Commons Park Cir is 209,524 square feet.

Off market
7850 Commons Park Cir NW Concord, NC 28027
$12,594,320 Estimated Value
53,329 SqFt
Property Type
Hotel Or Motel
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2016
  • Purchase Price: $1,000,000
  • APN: 4599 04 5882
  • Situs County: Cabarrus
  • Length Of Ownership: 10 years, 8 months

Structure

  • Building Style: Wood
  • Floor Cover Type: Softwood
  • Stories: 2.5
  • Exterior Wall Type: Asbestos shingle
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: B
  • Roof Type: Wood Truss
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 53,329/SqFt
  • Lot: 209,524/SqFt
  • Gross: 53,329/SqFt
  • Living: 53,254/SqFt
  • Building: 53,329/SqFt
  • Ground: 13,477/SqFt
  • Price Per Square Foot: $18.75

Legal Description

  • Description: LT 1 WEDDINGTON ROAD COMMONS
Building Insights

Land Information

  • Property Type: Hotel or Motel
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Cabarrus County Schools
  • Lat / Lon: 35.37206 / -80.70851
  • Subdivision: Concord Mills
  • Property Class: Commercial
  • Zoning: C-2
  • County Use Code: 37

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 4423
  • Bathroom Fixtures: 381
  • Cooling: Wall
  • Heating: Heat Pump

Ownership Info

7850 Commons Park Cir NW has no associated ownership info
7850 Commons Park Cir NW has no associated ownership info.

Taxes

7850 Commons Park Cir NW has 8 associated Taxes items

7850 Commons Park Cir, 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 $12,594,320. The APN we've located for 7850 Commons Park Cir is 4599 04 5882.

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Taxes
  • Assessed Value:  $12,594,320
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  4599 04 5882
  • Assessed Land Value:  2338080
  • Market Land Value:  2338080
  • Market Value:  12594320
  • Market Year:  2024

Tax History

7850 Commons Park Cir NW has 14 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $12,594,320 Land Value $2,338,080 Improvement Value $10,256,240 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $12,594,320 Land Value $2,338,080 Improvement Value $10,256,240 Tax Amount $125,439.42 Change Rate -0.322905% Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $18,600,510 Land Value $3,186,840 Improvement Value $15,413,670 Tax Amount $185,261.08 Change Rate +0.743847% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $8,707,920 Land Value $1,913,690 Improvement Value $6,794,230 Tax Amount $106,237 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $8,707,920 Land Value $1,913,690 Improvement Value $6,794,230 Tax Amount $106,237 Change Rate +0.000003% Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $8,707,920 Land Value $1,913,690 Improvement Value $6,794,230 Tax Amount $106,236.63 Change Rate -0.000003% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $8,707,920 Land Value $1,913,690 Improvement Value $6,794,230 Tax Amount $106,237 Change Rate Assessed CR Tax Rate +0.0122%
Year 2019 Assessed Value $7,905,830 Land Value $1,140,530 Improvement Value $6,765,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $7,905,830 Land Value $1,140,530 Improvement Value $6,765,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $3,141,380 Land Value $1,140,530 Improvement Value $2,000,850 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $1,081,760 Land Value $1,081,760 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $1,081,760 Land Value $1,081,760 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $1,081,760 Land Value $1,081,760 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $12,764.77 Change Rate Assessed CR Tax Rate
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