Property profile

229231 1st St Albemarle, NC 28001

OFF-MARKET
Investment properties
Property ID
US53-1319803
1,920 SF 0.28 ac lot Built 1955
Trust Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1955
Total area 1,920 SF
Lot 0.28 ac (12,197 SF)
Zoning code CBD
APN 654801251793
UPID US53-1319803

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

229231 1st St Albemarle, NC 28001
Albemarle metro Census 931204 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2013
1 recorded transaction
2013
$80,000

Zoning & alternative use

CBD · Albemarle, NC
Zoning description

ral provisions 92.038 Prohibited signs 92.039 Permit required 92.040 Signs not requiring permits 92.041 Signs permitted in residential districts (R10, R8, R6, R0) 92.042 Signs permitted in the Central Business District (…

General category CIVIC_INSTITUTIONAL

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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