2012 Main St, Albemarle, NC 28001
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.