Property profile

619 2nd St Albemarle, NC 28001

OFF-MARKET
Investment properties
Property ID
US53-0871754
2,756 SF 1.23 ac lot Built 1901
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1901
Total area 2,756 SF
Lot 1.23 ac (53,579 SF)
Zoning code NBD
APN 654801277570
UPID US53-0871754

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
  • Construction Company

Location

619 2nd St Albemarle, NC 28001-3311
Albemarle metro Census 931204 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2024
1 recorded transaction
2024
$96,500

Zoning & alternative use

NBD · 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 COMMERCIAL

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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