Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

331 1st St Albemarle, NC 28001

OFF-MARKET
Investment properties
Property ID
US53-0228380
3,118 SF 0.42 ac lot Built 1920
Last sale Jul 2016 · $335,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$232k
Assessed land$44k
Assessed improvement$188k
Effective rate1.32%

Value estimate

· Oct 2026
$280k
$252k – $308k
Submarket $/SF estimate$548k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$123/SF
ZIP average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$57 – $199
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RO
Non-residential uses are also allowed in the R-4 district with approval. Generally, uses found in other residential districts as well as ...
General categoryMIXED_USE
JurisdictionSTANLY

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.0
Smoke and Vape Shop9.3
Garden Center9.2

Location

331 1st St Albemarle, NC 28001-3904
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
249 1st, Albemarle, NC 28001-3902 $397,000 Jul 2024 2,783 SF
116 En, Albemarle, NC 28001-4048 $527,500 Jun 2024 3,514 SF
214 En, Albemarle, NC 28001-4007 $315,000 Aug 2023 2,234 SF
237239 2nd, Albemarle, NC 28001-3939 $3,500,000 Apr 2022 3,462 SF
540 1st, Albemarle, NC 28001-3302 $95,000 Mar 2022 4,080 SF
1401 Hilltop, Albemarle, NC 28001-2607 $188,000 Apr 2020 2,424 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 331 1st St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again