Property profile

315 Park Rdg Rd Albemarle, NC 28001

OFF-MARKET
Assisted living facilities
Property ID
US53-1605894
19,546 SF 4.97 ac lot Built 1998
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1998
Total area 19,546 SF
Lot 4.97 ac (216,493 SF)
Zoning code RO
APN 654904521264
UPID US53-1605894

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
  • Nursing Home Retirement Community

Location

315 Park Rdg Rd Albemarle, NC 28001-2818
Albemarle metro Census 930300 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.73M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.73M

Owner & transaction history

since 2024
Last sale
$5.7M
3 recorded transactions
2024
$5.7M
1969
Price N/A
1969
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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