Property profile

1409 Main St Albemarle, NC 28001

OFF-MARKET
Commercial real estate
Property ID
US53-0562429
1,734 SF 0.23 ac lot Built 1947
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1947
Total area 1,734 SF
Lot 0.23 ac (10,019 SF)
Zoning code GHBD
APN 654802955170
UPID US53-0562429

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
  • Trade Show Venue (Bike/Boat/Book/etc) Store
  • Grocery & Convenience Store
  • Atm Bank
  • Grocery & Convenience Store

Location

1409 Main St Albemarle, NC 28001-5235
Albemarle metro Census 930300 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2024
Last sale
$175,000
7 recorded transactions
2024
$175,000
2021
$125,000
2009
$26,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
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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