Property profile

232 Concord Rd Albemarle, NC 28001

OFF-MARKET
Investment properties
Property ID
US53-0646830
1,348 SF 0.54 ac lot Built 1915
Individually Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1915
Total area 1,348 SF
Lot 0.54 ac (23,522 SF)
Zoning code GHBD
APN 653802859094
UPID US53-0646830

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
  • Counselor Doctor
  • Physician
  • Physician
  • Physician
  • Foster Care Service Social Service Agency

Location

232 Concord Rd Albemarle, NC 28001-4612
Albemarle metro Census 930500 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2015
2 recorded transactions
2015
$118,100
2009
$77,000

Zoning & alternative use

GHBD · Albemarle, NC
Zoning description

7 R-4 Traditional Neighborhood Design District 92.098 R-O Residential-Office Re-Use District 92.099 NBD Neighborhood Business District 92.100 CBD Central Business District 92.101 NS Neighborhood Shopping District 92.102…

General category COMMERCIAL

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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