Technical
Financial
Distress signals
Property profile

127 1st St Albemarle, NC 28001

OFF-MARKET
Warehouses
Property ID
US53-0218523
7,350 SF 0.35 ac lot Built 1961
Entity Owned 4-yr Hold Absentee Owner
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1961
Total area 7,350 SF
Lot 0.35 ac (15,246 SF)
Zoning code CBD
APN 654803244319
UPID US53-0218523

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
  • Production Facility Textile Manufacturer

Location

127 1st St Albemarle, NC 28001-4824
Albemarle metro Census 931203 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$60k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$90k

Owner & transaction history

since 2021
Last sale
$80,000
7 recorded transactions
2021
Price N/A
2013
Price N/A
2005
$80,000
2005
Price N/A
2004
$38,572
1969
Price N/A
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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