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    Property profile & analytics

    353 Harwood St Albemarle, NC 28001

    • Warehouses
    • 7,850 SF
    • 0.62 lot acres
    For Sale
    View listing
    $360,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-0882018
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Alpha Environmental Management / Environmental Consultant

    Property Details for 353 Harwood St

    Year built
    1940
    Lot size
    0.62 lot acres
    Property size
    7,850 SF
    Zone code
    GHBD
    Property type
    Warehouses
    APN
    653804929994
    APU
    653804929994

    Description

    This exceptional commercial property at 353 Harwood Street, Albemarle, NC, presents a unique investment opportunity. The main building, a historically significant brick structure formerly housing the Pepsi Cola Company, boasts a substantial 4900 square feet. Approximately 1450 square feet is dedicated to office space, ideal for administrative functions or a comfortable client area. The remaining space comprises a spacious warehouse, garage, and shop area, totaling 3450 square feet, perfect for storage, manufacturing, or light industrial use. A recently installed synthetic white roof significantly reduces summer heat, lowering energy costs. This section features a separate entrance, allowing for independent operation. Attached is a heated warehouse/garage/shop space of 2850 square feet. Adding to the property's versatility is an adjacent lot containing a 576 square foot garage/storage building with a convenient roll-up door. The property benefits from easy access to major roadways, including Highways 52, 24/27, and 73, ensuring excellent accessibility for both employees and clients. Recent interior and exterior painting enhances the property's aesthetic appeal, while updated bathrooms (including one with a shower) provide modern amenities. The 0.62-acre lot offers ample space for expansion or future development. This property is priced at $360,000 and represents a strong potential for a high return on investment.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albemarle
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.2073
    Latitude
    35.3458
    CBSA code
    10620
    CBSA name
    ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $951
    $23,628
    $71,111
    $94,739
    -
    $23,628
    $71,111
    $94,739

    Comparable in this City

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    • Value Estimation
      $445,000
      4,800 SF

      801 Concord Rd

      WAREHOUSE, STORAGE • 4,800 SF
      801 Concord Rd, Albemarle, NC 28001-8331
      View Details

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    Albemarle, NC 28001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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