Property profile

302304 1st St Albemarle, NC 28001

OFF-MARKET
Investment properties
Property ID
US53-0980627
1,860 SF 0.19 ac lot Built 1950
Individually Owned 4-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 1950
Total area 1,860 SF
Lot 0.19 ac (8,276 SF)
Zoning code RO
APN 654801264065
UPID US53-0980627

Cap rate & NOI

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

Location

302304 1st St Albemarle, NC 28001
Albemarle metro Census 931204 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$100k

Owner & transaction history

since 2020
Last sale
$8,000
1 recorded transaction
2020
$8,000

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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