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    612 Main St Albemarle, NC 28001

    Sponsored
    For Sale
    $137,500

    High-visibility, highway access, investment potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.45-acre commercial property at 612 W Main Street, Albemarle, NC, presents a compelling investment opportunity. Priced at $137,500, this property offers significant potential for redevelopment and boasts a highly desirable location. While requiring some renovations, the asking price reflects the necessary improvements, making it an attractive proposition for discerning buyers. The seller is motivated and open to reasonable offers, potentially including concessions to expedite the sale. The property's strategic positioning provides convenient access to major roadways, including Highway 52 and Highway 24/27, ensuring high visibility and accessibility for a wide range of businesses. This prime location is ideal for various commercial ventures, from retail establishments to office spaces, benefiting from its excellent exposure and convenient access. The property's square footage is not currently specified. Prospective buyers are encouraged to review environmental documents from the NCDEQ before making an offer. This is a rare chance to acquire a well-situated commercial property in a growing area at an attractive price point. Don't miss this opportunity to transform this property into a thriving business.

    Property Features for 612 Main St

    General Information

    Property type
    Investment properties
    Lot Size
    19,602 SF

    Building Details

    Year Built
    1940
    Location Intelligence

    Current Use by Public Records

    Hot Rod & Son Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albemarle
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.20559
    Latitude
    35.35065

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    FAQs

    What type of property is this?
    Investment property - High-visibility, highway access, investment potential.
    Where is this investment property located?
    The property is located at 612 Main St Albemarle, NC.
    What is the asking price?
    The asking price for this property is $137,500.
    (704) 983-2114
    Request Owner's contact information
    612 Main St Albemarle, NC 28001
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    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
    612 Main St Albemarle, NC 28001
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