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Listing provided courtesy of Howard Hanna Allen Tate AlbemarleMLS# 4379643MLS ProviderContact Information: [email protected]
  • 52 days on site
  • 0 views

Prime corner lot opportunity in the growing downtown Albemarle area. This 1.22-acre property consists of two parcels with approximately 460 feet of total road frontage, offering excellent visibility and multiple access points. Zoned R-4, the site presents strong potential for high-density residential development, multi-unit housing, or a private estate setting. City water and city sewer are available. Property includes an existing brick home that may be suitable for renovation, rental income, or guest quarters for future development. Convenient location near downtown amenities, shopping, dining, and major roadways.

Source: Canopy MLS, MLS#: 4379643

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  • Property Type
    Land

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Ivester Jackson Christie's

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  • Median Age
    41
  • Population Density
    200
  • College Educated
    32%
  • Estimated Median Income
    $50,813
  • Estimated Total Home Owners
    7,352
  • Estimated Total Renters
    3,462
  • Owner / Renter Divide
    68% / 32%
  • Estimated Average Household Size
    2
  • Total Population
    26,998
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 500 N 1st Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/10/2026Source: Canopy MLS Status Change
Under Contract-Show
5/8/2026Source: Canopy MLS Added to Database
May 08, 2026