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    839 27 Byp Albemarle, NC

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    For Lease
    $20 SF/Yr ($2,666 /Mo)

    Former Subway restaurant space available in Albemarle, North Carolina.

    Property size:
    1,600 SF
    Lot size:
    11.39 Acres

    Property Features for 839 27 Byp

    General Information

    Size
    1,600 SF
    Lot size
    11.39 Acres

    Source: Northstate Property Advisors, Inc. Agent Evan Mozingo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Space in Eastgate Center

    A former Subway restaurant space is available for rent within the Eastgate Shopping Center in Albemarle, North Carolina. The unit offers approximately 1,600 square feet of space within a neighborhood center anchored by Food Lion. The location benefits from strong daily traffic and good visibility. The space is built out for food service and includes two large walk-in coolers, existing plumbing, and electrical infrastructure. It is suitable for a quick-service restaurant, café, or other retail concept. Eastgate Shopping Center provides ample parking, convenient access, and a steady customer base drawn from the surrounding residential and retail areas.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Albemarle
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.204388
    Latitude
    35.337101

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    FAQs

    What type of property is this?
    Restaurant - Former Subway restaurant space available in Albemarle, North Carolina.
    Where is this restaurant located?
    The property is located at 839 27 Byp Albemarle, NC.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location within Eastgate Shopping Center anchored by Food Lion.; - Existing infrastructure for food service, including two walk-in coolers, plumbing, and electrical.; - **±1,600 SF space built out for food service use.**
    (980) 621-3224
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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
    839 27 Byp Albemarle, NC
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