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Property profile & analytics
OFF-MARKET
Banks

1910 Main St Albemarle, NC 28001

1,980 SF 0.69 ac lot Built 1981
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US53-1638780
Property summary
AI-generated overview

This exceptional commercial property, located at 1910 E Main St, Albemarle, NC 28001, presents a unique investment opportunity. The building, totaling 1,980 square feet, is currently vacant and ready for immediate occupancy. Its former use as a bank provides a solid foundation for a variety of retail businesses. The property boasts a single-tenant configuration, offering streamlined management and potential for customized space planning. Situated on a sizable 0.7-acre lot, the property offers ample space for customer parking and potential future expansion. The address is highly visible on East Main Street, ensuring excellent exposure to a substantial volume of daily traffic. The property is located in Stanly County, North Carolina, providing access to a well-established local market. This is an ideal opportunity for entrepreneurs seeking a high-visibility location with significant potential for growth and return on investment. The entire 1,980 square feet is available, offering flexibility for a wide range of retail concepts. The property's history as a bank suggests a strong structural foundation and potentially desirable features. This is a rare opportunity to acquire a well-positioned retail space in a thriving community. Serious inquiries are encouraged.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1981
Total area 1,980 SF
Lot 0.69 ac (30,056 SF)
Zoning code GHBD
APN 655803236873
UPID US53-1638780
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Stray Cat Automotive Car Dealership
  • ATM (Albemarle Oil Co) Atm
  • ATM First Bank Troy Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
First Bank INC · 19 yrs held
First Bank INC
since 2006
1 recorded transaction
2006
$600,000
Zoning & alternative use
GHBD · Albemarle, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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