Property profile

1000 5th St Albemarle, NC 28001

OFF-MARKET
Medical Office Space
Property ID
US53-1581233
5,496 SF 0.92 ac lot Built 1971
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1971
Total area 5,496 SF
Lot 0.92 ac (40,075 SF)
Zoning code HMD
APN 654801495754
UPID US53-1581233

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Community Health Centre Health Care Facility

Location

1000 5th St Albemarle, NC 28001-3420
Albemarle metro Census 931204 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2022
Last sale
$475,000
1 recorded transaction
2022
$475,000

Zoning & alternative use

HMD · Albemarle, NC
Zoning description

§ 92.105 HMD HOSPITAL-MEDICAL CENTER DISTRICT. (A) The regulations of the HMD Hospital-Medical Center District are intended to provide for a restricted Hospital-Medical Center District and related facilities. (B) The fol…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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