Current Use by Public Records
- Ross Dress for Less / Men'S Clothing Store / Shoe Store
- Hobby Lobby / (Bike/Boat/Book/etc) Store
- NuHygh Health and Wellness / Alternative Medicine Practice
- TagWorks / (Bike/Boat/Book/etc) Store / Pet Store & Service
- East Coast Wings + Grill / Restaurant
Property Details for 780 Leonard Ave
- Lot size
- 1.30 lot acres
- Property type
- Retail properties & Spaces
- 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 Estimations
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AI approach
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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
- -80.1773
- Latitude
- 35.3395
