Property profile

24724 Business 52 Albemarle, NC 28001

OFF-MARKET
Assisted living facilities
Property ID
US53-2361189
56,294 SF 8.8 ac lot Built 1970
Entity Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1970
Total area 56,294 SF
Lot 8.8 ac (383,328 SF)
Zoning code RO
APN 654702781094
UPID US53-2361189

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
  • Physician
  • Physician

Location

24724 Business 52 Albemarle, NC 28001-8179
Albemarle metro Census 931002 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.03M

Owner & transaction history

since 2004
1 recorded transaction
2004
Price N/A

Zoning & alternative use

RO · Albemarle, NC
Zoning description

Non-residential uses are also allowed in the R-4 district with approval. Generally, uses found in other residential districts as well as NBD and RO Districts not requiring drive-thrus or a majority of developed area dedi…

General category MIXED_USE

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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