Property profile

125 3rd St Albemarle, NC 28001

OFF-MARKET
Investment properties
Property ID
US53-5531716
1,452 SF 0.2 ac lot Built 1930
Individually Owned 21-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1930
Total area 1,452 SF
Lot 0.2 ac (8,712 SF)
Zoning code CBD
APN 654803343179
UPID US53-5531716

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
  • Law Firm

Location

125 3rd St Albemarle, NC 28001-4937
Albemarle metro Census 931203 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2005
2 recorded transactions
2005
$59,500
1969
Price N/A

Zoning & alternative use

CBD · Albemarle, NC
Zoning description

ral provisions 92.038 Prohibited signs 92.039 Permit required 92.040 Signs not requiring permits 92.041 Signs permitted in residential districts (R10, R8, R6, R0) 92.042 Signs permitted in the Central Business District (…

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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