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    829 Albemarle Rd Troy, NC 27371

    Sponsored
    For Sale
    $199,000

    Vacant restaurant, high-traffic location.

    Property size:
    1,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,350-square-foot freestanding building presents a remarkable opportunity for a savvy investor or entrepreneur. Located at 829 Albemarle Road in Troy, North Carolina (zip code 27371), this vacant property sits on a 0.51-acre lot and enjoys excellent visibility due to its prime location on Albemarle Road (Highway 24/27), a busy thoroughfare. Previously occupied by a Domino's Pizza, the building is well-suited for a variety of uses, including restaurants, medical offices, or other retail businesses. Its convenient location offers significant advantages, including proximity to Atrium Health Primary Care Troy Family Medicine, ensuring high foot traffic and potential customer base. The property is offered at an attractive asking price of $199,000, and is available as a NNN lease. The building's single-story design and ample parking provide convenience and accessibility. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area of Troy, North Carolina. Don't miss out on this chance to establish your business in a high-visibility location with significant growth potential. The property is currently vacant, allowing for immediate occupancy and customization to suit your specific needs.

    Property Features for 829 Albemarle Rd

    General Information

    Property type
    Restaurants
    Square Feet
    1,350 SF
    Lot Size
    22,216 SF

    Building Details

    Buildings
    1

    HighLights

    • $199,000 asking price for a 1,350 SF retail building.
    • 0.51‑acre lot in Troy, NC.
    • Vacant, freestanding building, previously a Domino's Pizza.
    • High‑visibility location on Albemarle Road (Hwy 24/27) with excellent traffic counts.
    • Adjacent to Atrium Health Primary Care.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Montgomery
    State
    North Carolina
    Longitude
    -79.9073541
    Latitude
    35.3505079

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    FAQs

    What type of property is this?
    Restaurant - Vacant restaurant, high-traffic location.
    Where is this restaurant located?
    The property is located at 829 Albemarle Rd Troy, NC.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: $199,000 asking price for a 1,350 SF retail building.; 0.51-acre lot in Troy, NC.; Vacant, freestanding building, previously a Domino's Pizza.
    Request Owner's contact information
    829 Albemarle Rd Troy, NC 27371
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    Troy, NC 27371
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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
    829 Albemarle Rd Troy, NC 27371
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