1 1St St Albemarle, NC 28001
- Commercial real estate
- 0.65 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1 1St St
- Lot size
- 0.65 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.65-acre commercial lot, located at 1 S 1st Street in the heart of Albemarle, NC, presents a remarkable redevelopment opportunity. Situated in a vibrant and expanding downtown area, this property offers significant potential for a variety of commercial ventures. The lot's central location provides excellent visibility and accessibility, making it an ideal site for businesses seeking high foot traffic and convenient access to local amenities. The property is currently vacant, allowing for complete design flexibility and customization to suit specific business needs. This is a rare chance to acquire a substantial piece of land in a thriving downtown setting, poised for significant growth and increased property value. The address, 1 S 1st Street, places the lot within easy reach of local businesses, residential areas, and major transportation routes. This makes it an attractive location for a wide range of commercial uses, from retail spaces and restaurants to office buildings and professional services. The property's size offers ample space for development, allowing for the creation of a substantial commercial structure. Given the ongoing growth of downtown Albemarle, this lot represents a sound investment with considerable long-term potential. The property is also listed in MLS as Land #4123413. Serious inquiries are encouraged to explore the possibilities this prime location offers. The asking price is $125,000.
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
- -80.1996
- Latitude
- 35.3504