Current Use by Public Records
- Land
Property Details for 468 Leonard Ave
- Lot size
- 1.64 lot acres
- Property type
- Land
- Property subtype
- Retail space
Description
This exceptional 1.64-acre commercial land parcel presents a remarkable investment opportunity in Albemarle, North Carolina. Located at 468 Leonard Avenue, this property boasts a highly desirable location, situated adjacent to the Holiday Inn Express and conveniently off Highway 52, ensuring excellent visibility and accessibility. The site is zoned GHBD and features level topography, simplifying development plans. Previously occupied by an Applebee's restaurant, the land has already undergone site preparation, including clearing and filling, making it ready for immediate development. All utilities are readily available at the site. This property's strategic location within a major retail corridor, combined with its prepared state and attractive price point of $379,000, makes it an ideal investment for a variety of commercial ventures. The 1.64-acre size offers ample space for a wide range of development possibilities, capitalizing on the high traffic volume and established commercial presence in the area. Don't miss this chance to acquire a prime commercial lot in a thriving North Carolina market.
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
- -80.1788
- Latitude
- 35.3453
