1055 Albemarle Rd, Troy, NC 27371

Building Details

Year Built 1983 More

Listing Agency: New South Realty, Inc

Listed By: Kathy McRae · License NC #121150 Show Phone

Source: Searchhomesinthetriad

Added: Mar 7, 2025 Changed: Nov 12 Last Checked: Nov 10 at 12:01PM

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Investment Insights

Based on property information with market context.

This commercial site, formerly an auto dealership, is located in Troy, North Carolina. The 4.03-acre property includes an auto dealership building and a separate auto body repair building, presenting various possibilities for commercial use.

Key Highlights

• 4.03 acre commercial site
• Formerly an auto dealership
• Includes a separate auto body repair building

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Automotive properties

Suggested Use

Top Pick Building Supply Furniture & Home Goods Auto Repair Shop (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

67

Businesses Nearby

23k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 54% Shops & Services 46%

Food Lion Grocery Store Groceries

12,512 visits/mo 0.4 miles

State Employees Credit Union Shops & Services

7,332 visits/mo 0.2 miles

Sunoco Shops & Services

2,734 visits/mo 0.2 miles

Napa Auto Parts Shops & Services

512 visits/mo 0.3 miles

Demographics for 27371, NC

7,284

Population

3,900

Households

1.9

Avg Household Size

44

Median Age

23%

College-Educated

85%

High-School Grad

143.4 sq mi

ZIP Area

51

Density / Sq Mi

$62,392

Median Household Income

$34,933

Median Earnings

$584

Median Rent

$157,300

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Mixed-Use Building with Retail Suites

215 N Main Street, Troy, NC 27371

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Historic Downtown Troy Retail Building

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Frequently Asked Questions

What type of property is this?

Automotive property - Commercial site in Troy, NC, formerly an auto dealership.

Where is this automotive property located?

The property is located at 1055 Albemarle Rd Troy, NC.

What is the asking price?

The asking price for this property is $895,000.

What are key features of this property?

This property features: 4.03 acre commercial site; Formerly an auto dealership; Includes a separate auto body repair building