225 Depot StAlbemarle, NC 28001

Property Details for 225 Depot St

Year built

1924

Lot size

17.76 AC

Property size (Sq ft)

219,392 SF

Zone code

MULTIPLE

Property type

Manufacturing properties

APN

654801153890

APU

654801153890

Description

This exceptional industrial property in Albemarle, NC, presents a unique investment opportunity. Located at 225 N Depot St, this expansive 400,000 square foot facility sits on 17 acres of land and comprises 15 buildings. The property offers a diverse range of industrial space, encompassing manufacturing, flex, warehouse, and distribution capabilities, making it suitable for a variety of businesses. Currently, 200,000 square feet of space is available for lease, with individual units ranging from 10,000 to 200,000 square feet. The buildings feature clear heights ranging from 12 to 15 feet, providing ample vertical space for storage and operations. The property includes four loading docks, elevators, and is equipped with 3-phase power, accommodating heavy machinery. Fully fenced with ample parking, the property benefits from a prime location in Albemarle, offering easy access to major roadways, including Highway 49. Built in 1924, the property offers a blend of established infrastructure and significant potential for modernization and expansion. The property is currently multi-tenant. This is an ideal opportunity for investors seeking a substantial industrial portfolio in a strategically advantageous location. The property features fully conditioned office spaces and restrooms within the warehouse space.

• Alternative Use

  Use

  Valuation

  Residential

  $70,504,216

  Hospitality

  $64,581,484

  Educational

  $53,731,036

  Medical

  $55,578,928

  Retail

  $83,581,616

Location Insight

City

Albemarle

County

Stanly

State

North Carolina

Latitude

35.3533

Longitude

-80.2027

CBSA code

10620

CBSA name

ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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