Building Details

Year Built 1983

Listing Agency: NEW SOUTH REALTY, INC Show Phone

Listed By: KATHY MCRAE · License #121150 Show Phone

Source: Corcoran

Added: Sep 22, 2025 Changed: Oct 19 Last Checked: Oct 19 at 6:32AM

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Investment Insights

Based on property information with market context.

This commercial site, formerly an auto dealership, encompasses 4.03 acres and presents various possibilities. The property is also listed in the Charlotte (Canopy) MLS #4301423 for 9-16-25.

Key Highlights

• Commercial site with endless possibilities
• Situated on 4.03 acres of land
• Formerly an auto dealership

Property Analytics

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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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Frequently Asked Questions

What type of property is this?

Automotive property - 4.03-acre commercial site, formerly an auto dealership, for sale.

Where is this automotive property located?

The property is located at 1055 Albemarle Road 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: Commercial site with endless possibilities; Situated on 4.03 acres of land; Formerly an auto dealership