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Financial
Distress signals
Property profile

King St Albemarle, NC 28001

OFF-MARKET
Other warehouses
Property ID
US53-4075508
1,720 SF 0.04 ac lot Built 1925
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This second-generation restaurant space is located in downtown Albemarle, North Carolina. The property consists of three levels totaling 5,150 square feet, with the kitchen positioned on the main level and the main floor configured for restaurant use. The second floor is laid out for use as an event space, with flexibility for specialty concepts such as a speakeasy, and the basement level is suitable for storage.

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.

Debts

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?
$232
Tax billed · 2024
Assessed value$18k
Assessed land$6k
Assessed improvement$11k
Effective rate1.32%

Value estimate

· Oct 2026
$45k
$41k – $50k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$58/SF
County average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$23 – $101

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?
CBD
The intent of the CBD district is to provide a compact and efficient area for retail shopping, consumer services, financial, and governme...
General categoryCIVIC_INSTITUTIONAL
JurisdictionSTANLY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.8
Wholesale Shop12.9
Parking Facility12.7

Location

King St Albemarle, NC 28001
County assessor Recorded deeds · not on file 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
39093 Kemp, Albemarle, NC 28001-7930 $325,000 Mar 2024 3,000 SF
703 Coble, Albemarle, NC 28001-5513 $241,000 May 2023 3,250 SF
Depot, Albemarle, NC 28001 $27,000 Jan 2021 3,600 SF
401 Ws, Albemarle, NC 28001-5736 $425,000 Nov 2020 6,000 SF
2017 Crown Pt, Albemarle, NC 28001-5405 $160,000 Mar 2020 3,600 SF
2011 Crown Pt, Albemarle, NC 28001-5405 $50,000 Apr 2019 6,784 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
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