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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

801 1St St Albemarle, NC 28001

52,230 SF Built 1989
Property ID
Property summary
AI-generated overview

First Street Station, located at 801-819 North First Street in Albemarle, NC 28001, presents a prime retail investment opportunity. This Harris Teeter-anchored center boasts a total of 52,230 square feet of retail space situated on a 6.28-acre lot. Currently, there is 1,200 square feet of vacant space available, perfect for a variety of commercial uses, including restaurants and retail businesses. The property, built in 1989, offers ample parking with 262 spaces, providing a convenient experience for customers. The center's strategic location in the heart of Albemarle, Stanly County, ensures high visibility and accessibility. This multi-tenant property provides a strong foundation for a thriving business, benefiting from the established presence of a major grocery anchor. The available space presents a unique chance to establish a presence in a busy and well-regarded commercial center. The property's size and parking capacity cater to a wide range of business needs, making it an attractive option for both established businesses and new ventures. This is an excellent opportunity to capitalize on the strong retail environment in Albemarle, North Carolina.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1989
Total area 52,230 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Roma pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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