Financial
Distress signals
Property profile

400 2nd St Albemarle, NC 28001

OFF-MARKET
Commercial real estate
Property ID
US53-1409349
1,470 SF 0.21 ac lot Built 1968
Last sale Sep 2023 · $143,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$951
Tax billed · 2024
Assessed value$78k
Assessed land$28k
Assessed improvement$50k
Effective rate1.22%

Value estimate

· Sep 2026
$160k
$144k – $176k
AI approach$200k

Realmo valuation models over county records.

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

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?
GHBD
The intent of the GHBD district is to provide for commercial activities that operate independently of intense pedestrian traffic, are uns...
General categoryCOMMERCIAL
JurisdictionSTANLY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.3
Skin Care Clinic9.9
Cafe & Coffee Shop9.7

Location

400 2nd St Albemarle, NC 28001-5706
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1409 Main, Albemarle, NC 28001-5235 $175,000 Dec 2024 1,734 SF
222 Cherry, Albemarle, NC 28001-4412 $25,000 Sep 2024 1,520 SF
2210 Main, Albemarle, NC 28001-8182 $32,500 Jul 2024 1,640 SF
1241 Main, Albemarle, NC 28001-5130 $34,000 Jul 2024 1,350 SF
520 Concord, Albemarle, NC 28001-3610 $80,000 Jun 2024 1,400 SF
1213 Main, Albemarle, NC 28001-5130 $33,000 Sep 2023 1,402 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 400 2nd 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