
500 N 1st St - 500 & 516 N 1st Street, Albemarle, NC
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500 N 1st St - 500 & 516 N 1st Street, Albemarle, NC
1.22 Acres of Residential Land Offered at £674,896 in Albemarle, NC 28001

EXECUTIVE SUMMARY
Fantastic buildable lot available in downtown Albemarle. Immediately adjacent to Y Fitness Center, and park and playground. Located only 0.2 mi from the grocery/drug store and 0.4 mi to the hospital. Walkable community. With a total of 460' of road frontage, the layout offers multiple opportunities. There is a brick home situated on the adjacent lot that is included. The tax value listed consists of both parcels. Current zoning is RO(500 N 1st Street) & RO/NBD (516 N 1st parcel). Current zoning allows multifamily construction.
PROPERTY FACTS Under Contract
Price | £674,896 | Property Type | Land |
Sale Type | Investment or Owner User | Property Subtype | Residential |
Sale Condition | Portfolio Sale | Proposed Use | |
No. Lots | 1 | Total Lot Size | 1.22 AC |
Price | £674,896 |
Sale Type | Investment or Owner User |
Sale Condition | Portfolio Sale |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Proposed Use | |
Total Lot Size | 1.22 AC |
1 LOT AVAILABLE
Lot
Price | £674,896 | Lot Size | 1.22 AC |
Price Per AC | £553,193.63 |
Price | £674,896 |
Price Per AC | £553,193.63 |
Lot Size | 1.22 AC |
The corner is located at N First Street and C.B. Crook Drive. Former bank building lot and adjacent home site for a combined 1.22 acres. Fantastic buildable lot available in downtown Albemarle.
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PROPERTY TAXES
Parcel Number | 6548-01-27-6342 | Improvements Assessment | £16,750 |
Land Assessment | £56,978 | Total Assessment | £73,728 |
PROPERTY TAXES
Parcel Number
6548-01-27-6342
Land Assessment
£56,978
Improvements Assessment
£16,750
Total Assessment
£73,728
ZONING
Zoning Code | R-O (See attachment for copy of Albemarle Planning and Zoning R-O) |
R-O (See attachment for copy of Albemarle Planning and Zoning R-O) |
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500 N 1st St - 500 & 516 N 1st Street, Albemarle, NC
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