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Property profile & analytics
OFF-MARKET Estimated value $180,000
Auto shops

220 Bethany Rd Albemarle, NC 28001

1,500 SF 0.52 ac lot Built 2005
Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US53-5652488
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2005
Total area 1,500 SF
Lot 0.52 ac (22,651 SF)
Zoning code HID
APN 664003120195
UPID US53-5652488
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k
Owner & transaction history
Lanny W Howard · 20 yrs held
Lanny W Howard
since 2006
3 recorded transactions
2006
$75,000
2004
$23,000
2004
Price N/A
Zoning & alternative use
HID · Albemarle, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

§ 92.107 HID HEAVY INDUSTRIAL DISTRICT. (A) The HID Heavy Industrial District is designed to accommodate all but the most obnoxious industries. However, it is expected that industries permitted here by right will minimize their emission of smoke, dust, fumes, glare, noise, and vibrations. (B) The following uses are permitted. (1) Any use permitted in the LID…

Zone name Heavy Industrial District
General category INDUSTRIAL
Zone area 998.26 ac
Source CHAPTER 92: ZONING REGULATIONS
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