Vac Nc 24/27 Hwy Albemarle, NC 28001
- Commercial real estate
- 57.35 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Vac Nc 24/27 Hwy
- Year built
- 1900
- Lot size
- 57.35 lot acres
- Property type
- Commercial real estate
Description
This exceptional 57.35-acre commercial property presents a rare investment opportunity in Albemarle, NC. Boasting an unparalleled location at the intersection of Saint Martin Road and Highway 24/27, this high-traffic parcel offers significant visibility and accessibility. The property features a substantial 1185 feet of total road frontage, with 955 feet directly along Highway 24/27, ensuring maximum exposure for any commercial venture. The diverse zoning provides flexibility for a range of development options. Approximately 5.09 acres are zoned R-10 by the City of Albemarle, while roughly 11.4 acres are zoned County R-20, and a further 40.86 acres are zoned County RA. This zoning variety allows for a multitude of potential uses, subject to local regulations. Utility access is a key advantage, with water lines conveniently located along Saint Martin Road and sewer lines running along the Highway 24/27 frontage (tap fees apply). This prime location, combined with its extensive road frontage and versatile zoning, makes this property an ideal investment for developers and entrepreneurs seeking a high-impact commercial presence in a thriving area. The property is listed at $1,250,000. Further details are available upon request. Note that this property is also listed under land with a separate MLS number.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albemarle
- County
- Stanly
- State
- North Carolina
- Longitude
- -80.2996
- Latitude
- 35.2826
