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Property profile & analytics

780 Leonard Ave Albemarle, NC 28001

  • Retail properties
  • 1.30 lot acres
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Ross Dress for Less / Clothing Store / Department Store
  • Hobby Lobby / Hobby Store / Home Goods Store
  • NuHygh Health and Wellness / Alternative Medicine Practitioner
  • TagWorks / Pet Supply Store
  • East Coast Wings + Grill / Bar & Grill / Chicken Restaurant

Property Details for 780 Leonard Ave

Lot size
1.30 lot acres
Property type
Retail properties
Property subtype
Land

Description

This exceptional 1.3-acre commercial land parcel presents a prime investment opportunity in Albemarle, North Carolina's thriving Olive Place Plaza. Located at 780 Leonard Ave, 28001, this property offers unparalleled visibility and accessibility off Highway 24/27, boasting an impressive 24,000 AADT. The site is situated within a robust retail environment, shadow-anchored by a Walmart and complemented by a strong lineup of established businesses including Hobby Lobby, TJ Maxx, PetSmart, Ross Dress for Less, Kay Jewelers, Hwy 55 Burgers, East Coast Wings, Pizzantica Italian Restaurant, Metro PCS, and Pretty Please Boutique. Olive Place Plaza, constructed in 2015, provides ample parking for customers and patrons. This outparcel is available for immediate sale or offers the flexibility of a build-to-suit option, catering to a variety of development plans. The asking price is $525,000. This location provides exceptional exposure and benefits from the established success of the surrounding retail center, making it an ideal site for a new commercial venture. Seize this opportunity to establish your business in a high-traffic, high-growth area.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Albemarle
County
Stanly
State
North Carolina
Longitude
-80.1773
Latitude
35.3395
More about this property
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