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    225 Depot St Albemarle, NC 28001

    Sponsored
    For Lease
    Contact for pricing

    Versatile industrial space, multiple tenants, 400,000 sqft

    Lot size:
    400,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property in Albemarle, NC, presents a unique investment opportunity. Located at 225 N Depot St, this expansive 400,000 square foot facility sits on 17 acres of land and comprises 15 buildings. The property offers a diverse range of industrial space, encompassing manufacturing, flex, warehouse, and distribution capabilities, making it suitable for a variety of businesses. Currently, 200,000 square feet of space is available for lease, with individual units ranging from 10,000 to 200,000 square feet. The buildings feature clear heights ranging from 12 to 15 feet, providing ample vertical space for storage and operations. The property includes four loading docks, elevators, and is equipped with 3-phase power, accommodating heavy machinery. Fully fenced with ample parking, the property benefits from a prime location in Albemarle, offering easy access to major roadways, including Highway 49. Built in 1924, the property offers a blend of established infrastructure and significant potential for modernization and expansion. The property is currently multi-tenant. This is an ideal opportunity for investors seeking a substantial industrial portfolio in a strategically advantageous location. The property features fully conditioned office spaces and restrooms within the warehouse space.

    Property Features for 225 Depot St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    400,000 SF

    Building Details

    Year Built
    1924
    Buildings
    15

    Unit(s) available at that property

    Space
    Fiber Center
    Size
    200,000 SF

    HighLights

    • Price Upon Request
    • 10,000 - 200,000 SF Modified Gross Lease Available
    • Truck Court Access
    • Four Dock‑High Doors
    • Three‑Phase Power Available
    • On‑Site Offices and Restrooms
    Property Profile Location Intelligence

    Current Use by Public Records

    American Fiber & Finishing ... Manufacturer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Albemarle
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.2016061
    Latitude
    35.3533903

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    FAQs

    What type of property is this?
    Distribution property - Versatile industrial space, multiple tenants, 400,000 sqft
    Where is this distribution property located?
    The property is located at 225 Depot St Albemarle, NC.
    What are key features of this property?
    This property features: Price Upon Request; 10,000 - 200,000 SF Modified Gross Lease Available; Truck Court Access
    Request Owner's contact information
    225 Depot St Albemarle, NC 28001
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    Albemarle, NC 28001
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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
    225 Depot St Albemarle, NC 28001
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