Property profile

1004 Concord Rd Albemarle, NC 28001

OFF-MARKET
Auto shops
Property ID
US53-0805809
6,400 SF 0.77 ac lot Built 1972
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1972
Total area 6,400 SF
Lot 0.77 ac (33,541 SF)
Zoning code GHBD
APN 653801376783
UPID US53-0805809

Cap rate & NOI

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

Location

1004 Concord Rd Albemarle, NC 28001-8408
Albemarle metro Census 930500 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

GHBD · Albemarle, NC
Zoning description

7 R-4 Traditional Neighborhood Design District 92.098 R-O Residential-Office Re-Use District 92.099 NBD Neighborhood Business District 92.100 CBD Central Business District 92.101 NS Neighborhood Shopping District 92.102…

General category COMMERCIAL

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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