Property profile

2120 Main St Albemarle, NC 28001

OFF-MARKET
Manufacturing properties
Property ID
US53-0981674
42,190 SF 1.87 ac lot Built 1937
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This expansive commercial property, located at 2120 W Main Street Unit B, Albemarle, NC, presents a significant investment opportunity. The building boasts a substantial 42,190 square feet of space, divided equally between a lower and upper level. The lower level, encompassing approximately 21,095 square feet, features office space and is equipped with a fully functional heating and cooling system. The upper level, mirroring the lower level's square footage at approximately 21,095 square feet, currently has some heating but lacks air conditioning. This presents a unique opportunity for customization and tenant improvements to suit a variety of commercial uses. The property sits on a generous 1.37-acre lot, providing ample space for expansion, parking, or outdoor activities. Its strategic location on the west side of Albemarle offers convenient access to Charlotte, situated only a 30-minute drive away via the four-lane Highway 24/27 and I-485. The property is zoned LID, offering flexibility for various commercial ventures. Priced significantly below a recent appraisal, this property represents exceptional value for a discerning investor seeking a substantial commercial space with significant upside potential. The building's size and location make it ideal for a wide range of businesses.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1937
Total area 42,190 SF
Lot 1.87 ac (81,457 SF)
Zoning code LID
APN 653804517172
UPID US53-0981674

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
  • Furniture & Home Goods Home Decor Store

Location

2120 Main St Albemarle, NC 28001-5424
Albemarle metro Census 931202 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$665k
CAP Approach CAP
by Request
Comparable Approach Comparable
$355k
Blend (final) Blend
$510k

Owner & transaction history

since 2026
2 recorded transactions
2026
$300,000
2026
Price N/A

Zoning & alternative use

LID · Albemarle, NC
Zoning description

§ 92.106 LID LIGHT INDUSTRIAL DISTRICT. Annotations Off Follow Changes Share Download Bookmark Print CHAPTER 92: ZONING REGULATIONS Share Download Bookmark Print § 92.105 HMD HOSPITAL-MEDICAL CENTER DISTRICT. (A) The reg…

General category INDUSTRIAL

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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