Property profile

Palmer St Albemarle, NC 28001

OFF-MARKET
Assisted living facilities
Property ID
US53-1365616
14,162 SF 2.86 ac lot Built 1925
Entity Owned Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1925
Total area 14,162 SF
Lot 2.86 ac (124,582 SF)
Zoning code R-10
APN 653804931237
UPID US53-1365616

Cap rate & NOI

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

Location

Palmer St Albemarle, NC 28001
Albemarle metro Census 931202 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

Zoning & alternative use

R-10 · Albemarle, NC
Zoning description

§ 92.094 R-10 GENERAL RESIDENTIAL DISTRICT. § 92.095 R-8 NEIGHBORHOOD RESIDENTIAL DISTRICT. § 92.096 R-6 URBAN RESIDENTIAL DISTRICT. § 92.097 R-4 TRADITIONAL NEIGHBORHOOD DESIGN DISTRICT. § 92.098 R-O RESIDENTIAL-OFFICE…

General category RESIDENTIAL

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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