500 N 1st St - 500 & 516 N 1st Street, Albemarle, NC 1.22 Acres of Residential Land Offered at $875,000 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 Alb:R-4. Great development opportunity.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
Price | $875,000 |
Price Per AC | $717,213.11 |
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.
PROPERTY TAXES
Parcel Number | 6548-01-27-6342 | Improvements Assessment | $21,716 |
Land Assessment | $73,872 | Total Assessment | $95,588 |