Individually Owned Property summary
Located in Albemarle, North Carolina, this commercial building has historically been used as a daycare facility and is configured with open common areas, office space, two bathrooms, and a kitchenette area. The interior layout provides flexibility for future build-out to accommodate a range of commercial uses. The property sits on a 0.44-acre lot and requires commercial insurance.
Property profile
VerifiedCap rate & NOI
Current use
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Daycare Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
7 R-4 Traditional Neighborhood Design District 92.098 R-O Residential-Office Re-Use District 92.099 NBD Neighborhood Business District 92.100 CBD Central Business District 92.101 NS Neighborhood Shopping District 92.102…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
GHBD · Albemarle, NC7 R-4 Traditional Neighborhood Design District 92.098 R-O Residential-Office Re-Use District 92.099 NBD Neighborhood Business District 92.100 CBD Central Business District 92.101 NS Neighborhood Shopping District 92.102…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
7 R-4 Traditional Neighborhood Design District 92.098 R-O Residential-Office Re-Use District 92.099 NBD Neighborhood Business District 92.100 CBD Central Business District 92.101 NS Neighborhood Shopping District 92.102…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GHBD in Albemarle, NC.
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