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    Property profile & analytics

    228 Albemarle Rd Troy, NC 27371-3204

    • Individual retail properties
    • 1,440 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-4358334
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Individual retail properties

    Property Details for 228 Albemarle Rd

    Year built
    1961
    Lot size
    0.22 lot acres
    Property size
    1,440 SF
    Property type
    Individual retail properties
    APN
    7538 09 26 0100
    APU
    753809260100

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Montgomery
    State
    North Carolina
    Longitude
    -79.8986
    Latitude
    35.3573

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $28,749
    $41,466
    $70,215
    -
    $28,749
    $41,466
    $70,215

    Comparable in this City

    • Value Estimation by Request
      1,010 SF

      889 Main St

      BARBER, HAIR SALON • 1,010 SF
      889 Main St, Troy, NC 27371-2517
      View Details
    • Value Estimation
      $415,000
      2,400 SF

      104 Franklin Ave

      LAUNDROMAT (SELF-SERVICE) • 2,400 SF
      104 Franklin Ave, Troy, NC 27371
      View Details
    • Value Estimation by Request
      1,198 SF

      804 Albemarle Rd

      BARBER, HAIR SALON • 1,198 SF
      804 Albemarle Rd, Troy, NC 27371-8682
      View Details
    • Value Estimation by Request
      920 SF

      608 Main St

      BARBER, HAIR SALON • 920 SF
      608 Main St, Troy, NC 27371-3410
      View Details
    • Value Estimation by Request
      1,724 SF

      618 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,724 SF
      618 Main St, Troy, NC 27371-3410
      View Details
    • Value Estimation by Request
      576 SF

      4023 Nc Hwy 109th N

      RETAIL STORES (PERSONAL SERVICES) • 576 SF
      4023 Nc Hwy 109th N, Troy, NC 27371
      View Details

    Similar Nearby for Sale

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      Prime Troy Restaurant Space - $199K

      Vacant restaurant, high-traffic location.
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    • $275,000
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      Downtown Troy Retail Investment

      High-yield retail property with tenants.
      215 Main St, Troy, NC 27371
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    • $275,000
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      Downtown Troy Commercial Property

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    • Contact for pricing
      14.00 Acres

      Wright Way Industrial Property

      ±200,000 SF Industrial Warehouse in Troy, NC
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    • $225,000
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      Prime Troy Commercial Building

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    • $349,000
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      Prime Troy Medical Office Building

      2150 sq ft, 2.5 acres, excellent location
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    228 Albemarle Rd
    Troy, NC 27371-3204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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