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    315 Hwy Unit Albemarle, NC 28001

    Sponsored
    For Sale
    $950,000

    High-visibility shop, ample parking, .81 acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional industrial property, situated on a highly visible section of NC Highway 740 in Albemarle, NC, presents a unique investment opportunity. The 5640 square foot building boasts a desirable location with excellent visibility from both directions of the highway. Ample paved parking is available, accommodating 12 to 14 vehicles directly in front of the building. The property features a well-designed layout including a lower-level office/customer service area and two bathrooms. An upper-level mezzanine office area provides additional workspace. The main service/garage/warehouse area is equipped with nine roll-up doors, enhancing operational efficiency. Two of these doors are 16-foot sectional drive-through doors, with one additional 16-foot door, and the remaining doors measure between 12 and 14 feet. Seven service bays are available, along with 7-foot steel exit doors. A covered pit area is present, offering potential for future use. The property is fully fenced on the sides and rear, providing security and privacy. For businesses requiring additional land, an adjacent 1.09-acre vacant lot (MLS# 4191604) is also available for purchase separately. This property is zoned for industrial use and offers significant potential for a variety of businesses.

    Property Features for 315 Hwy Unit

    General Information

    Property type
    Investment properties
    Lot Size
    35,284 SF

    Building Details

    Year Built
    1977
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Albemarle
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.1636
    Latitude
    35.35435

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    FAQs

    What type of property is this?
    Investment property - High-visibility shop, ample parking, .81 acres
    Where is this investment property located?
    The property is located at 315 Hwy Unit Albemarle, NC.
    What is the asking price?
    The asking price for this property is $950,000.
    (888) 341-5296
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    315 Hwy Unit Albemarle, NC 28001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    315 Hwy Unit Albemarle, NC 28001
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