Nc 24/27 Byp Albemarle, NC 28001
- Land
- 24.19 lot acres
Current Use by Public Records
- Land
Property Details for 0 Nc 24/27 Byp
- Lot size
- 24.19 lot acres
- Property type
- Land
Description
This exceptional 24.19-acre parcel presents a compelling investment opportunity in Albemarle, North Carolina. Located conveniently near the Albemarle Business Center, this bank-owned property is zoned R-8, offering significant potential for various development projects. The land's strategic location makes it highly suitable for high-density residential, multi-family, or mixed-use developments, catering to the area's growing needs. With a list price of $1,500,000 ($81,645/acre), this property represents a rare chance to acquire a substantial land holding in a thriving community. The property's APN is 6548-04-51-4760. The site is easily accessible via the NC 24/27 Bypass, offering excellent visibility and convenient access to transportation routes. This is a prime opportunity for developers seeking to capitalize on the area's economic growth and expanding residential market. The City of Albemarle's Economic Development Department actively supports business growth, including retail, commercial, housing, manufacturing, and distribution sectors. This commitment to economic development further enhances the property's long-term investment potential. Detailed information regarding the City's economic development initiatives is available online. This is a bank-owned foreclosure sale.
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
- -80.1892
- Latitude
- 35.341
