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953 Old Charlotte Rd Albemarle, NC 28001

OFF-MARKET Commercial real estate Google Maps
2.04 ac lot Built 1890
Estimated value
No estimation on file for this property yet.
Property ID US53-4048282

Property summary

AI-generated overview

This exceptional 2.04-acre commercial property, situated at 953 Old Charlotte Road in Albemarle, North Carolina, presents a remarkable opportunity for entrepreneurs and investors. Priced at $350,000, this property boasts a highly desirable location in a high-traffic area near the heart of downtown Albemarle. Its strategic positioning ensures significant visibility and accessibility for any business. The property is zoned GHBD, offering flexibility for a wide range of commercial uses. The expansive 2.04-acre lot provides ample space for development, allowing for significant expansion or the creation of multiple business units. This is an ideal location to establish a thriving enterprise, capitalizing on the consistent flow of potential customers. The property's proximity to the downtown area offers easy access to local amenities and services, further enhancing its appeal. This is a rare opportunity to acquire a substantial commercial property in a prime location with significant growth potential. The property's size and zoning make it suitable for a variety of commercial ventures, ensuring a strong return on investment. Don't miss this chance to secure a piece of Albemarle's vibrant commercial landscape. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Commercial real estate
Year built 1890
Lot 2.04 ac (88,862 SF)
UPID US53-4048282

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

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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