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$450,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 500 N 1st St
General
- Price: $450,000
- Status: Active
- Type: Lots/Land
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4379643
- Updated: 5/8/2026
- Added to Site: 4 day(s) ago
Location
- County: Stanly
School Information
- Elementary School: Central
- Middle School: Albemarle
- High School: Albemarle
Utilities
- Sewer: Public Sewer
- Water: City
Lot Features
- Street/Road Desc.: Paved
- Lot Features: Corner Lot
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 6548-01-27-6342
- Lot Number: 1313/953
Listed by Howard Hanna Allen Tate Albemarle
Get Pre-Approved Today
Schools
Schools serving 500 N 1st St
School District:Stanly County Schools
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Albemarle, NC 206 North 3rd Street, Albemarle, NC 28001 | K-5 | 0.4 mi |
Albemarle Middle School 1811 Badin Road, Albemarle, NC 28001 | 6-8 | 1.8 mi |
Albemarle High School 311 Park Ridge Road, Albemarle, NC 28001 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 N 1st St
Date
Details
Price
Change
Source
5/08/2026
Listed
$450,000
50%
MLS
2/21/2008
Sold
$300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 500 N 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,382
19%
$123,363
29%
2024
$1,166
-57%
$95,588
-57%
2023
$2,712
—
$222,292
—
2022
$2,712
—
$222,292
—
2021
$2,712
-28%
$222,292
-22%
2020
$3,748
4%
$286,131
—
2017
$3,605
—
$286,131
—
2016
$3,599
—
$285,653
—
2014
$3,599
2%
$285,653
—
2013
$3,514
—
$285,653
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 500 N 1st St
500 N 1st Street, Albemarle, NC 28001 (MLS# 4379643) is a Lots/Land property with a lot size of acres. 500 N 1st Street is currently listed for $450,000 and was received on May 08, 2026. Want to learn more about 500 N 1st Street? Do you have questions about finding other Lots/Land real estate for sale in Albemarle? You can browse all Albemarle real estate or contact a Coldwell Banker agent to request more information.

