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    OFF-MARKET
    Commercial real estate

    2012 Main St, Albemarle, NC 28001

    0.86 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property presents a rare opportunity to acquire 0.86 acres of prime land situated on East Main Street (Highway 24/27) in Albemarle, North Carolina. The property boasts approximately 250 feet of road frontage along this heavily trafficked highway, ensuring maximum visibility and accessibility for any commercial venture. The land comprises two parcels (655803425858 and 655803424923), strategically located just east of the Anderson Road/Barnard Road/Main Street roundabout, a high-traffic area. Previous curb cuts, installed at former home sites, simplify development and site preparation. This location offers unparalleled exposure to a large volume of daily traffic. The asking price for this exceptional opportunity is $494,000. An additional adjoining parcel (655803427812), listed separately under MLS #421112, is also available for purchase, potentially expanding the total acreage to 1.58 acres. This presents a unique chance to acquire a larger footprint for a significant commercial development. Serious inquiries are encouraged to explore this promising investment.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.86 ac (37,462 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
    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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