Property profile

237239 2nd St 239 Albemarle, NC 28001

OFF-MARKET
Investment properties
Property ID
US53-0873140
3,462 SF 0.25 ac lot Built 1937
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1937
Total area 3,462 SF
Lot 0.25 ac (10,890 SF)
Zoning code CBD
APN 654801257820
UPID US53-0873140

Cap rate & NOI

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

Location

237239 2nd St, Unit 239 Albemarle, NC 28001-3939
Albemarle metro Census 931204 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.89M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.11M

Owner & transaction history

since 2022
Last sale
$3.5M
2 recorded transactions
2024
Price N/A
2022
$3.5M

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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