5618 AlbemarleCharlotte, NC 28212

  • Strip malls
  • 49,368 SF
Off market
$7,909,900 Estimated

Property Details for 5618 Albemarle

Year built
1984
Lot size
5.02 AC
Property size (Sq ft)
49,368 SF
Zone code
B1CD
Property type
Strip malls
Property subtype
Neighborhood centers
APN
13305107B
APU
13305107B

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,554,796
    6.5%
    $18,050,582
    7%
    $16,761,254
  • Comparable approach

    Method
    Valuation
    Relative Method
    $21,067,142
    Geo Method
    $21,067,142
  • Alternative Use

    Use
    Valuation
    Residential
    $15,226,341
    Hospitality
    $13,947,246
    Educational
    $11,603,945
    Medical
    $12,003,023
    Retail
    $18,050,582
5618 Albemarle, Charlotte, North Carolina

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.2032
Longitude
-80.7528
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$58,019
-
$7,909,900
$7,909,900
-
-
$7,909,900
$7,909,900

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