Financial
Distress signals
Property profile

109 Penny St Albemarle, NC 28001

OFF-MARKET
Medical Office Space
Property ID
US53-0587687
6,572 SF 0.4 ac lot Built 1968
Last sale May 2010 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$519k
Assessed land$53k
Assessed improvement$466k
Effective rate1.22%

Value estimate

· Sep 2026
$420k
$378k – $462k
AI approach$385k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HMD
The intent of the HMD Hospital Medical Center district is to provide for a restricted area dedicated to hospital, medical center, and rel...
General categoryCIVIC_INSTITUTIONAL
JurisdictionSTANLY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply20.7
Realty agency17.9
Wholesale Shop17.5

Location

109 Penny St Albemarle, NC 28001-2803
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 12 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1812 Badin, Albemarle, NC 28001-9742 $165,000 Mar 2025 3,606 SF
1007 6th, Albemarle, NC 28001-3551 $376,000 Jun 2024 2,174 SF
1000 5th, Albemarle, NC 28001-3420 $475,000 Apr 2022 5,496 SF
701 2nd, Albemarle, NC 28001-3313 $615,000 Mar 2022 4,136 SF
1001 1st, Albemarle, NC 28001-2805 $225,000 Jun 2021 2,214 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 109 Penny St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message