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    11871 Albemarle Rd Charlotte, NC 28227

    For Lease
    Contact for pricing

    Approximately 1.990 AC available for ground lease or build to suit.

    Lot size:
    1.99 Acres

    Property Features for 11871 Albemarle Rd

    General Information

    Lot size
    1.99 Acres

    Source: The Nichols Company Agent Josh Beaver

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

    Overview

    Land for Lease or Build

    Approximately 1.990 acres are available for ground lease or build to suit at the intersection of I-485 and Albemarle Rd. This location presents opportunities for restaurants, retail, medical facilities, and service-oriented businesses. The property benefits from excellent access and high visibility, enhanced by a signalized corner at the intersection of Lemmond Farm Dr. and Albemarle Rd. Adjacent to the site is Lemmond Farm Apartments, completed in 2020, featuring 336 luxury units. The surrounding area includes multiple single-family residential developments and a new Publix-anchored grocery center located 1 mile from the site.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Nail Salon Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.650545
    Latitude
    35.217684

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    FAQs

    What type of property is this?
    Land - Approximately 1.990 AC available for ground lease or build to suit.
    Where is this land located?
    The property is located at 11871 Albemarle Rd Charlotte, NC.
    What are key features of this property?
    This property features: - High visibility at the signalized corner of Lemmond Farm Dr. and Albemarle Rd.; - Excellent access to I-485.; - Ground lease or build-to-suit opportunity.
    (704) 373-9797
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    11871 Albemarle Rd Charlotte, NC 28227
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    Charlotte, NC 28227
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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
    11871 Albemarle Rd Charlotte, NC 28227
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