500 N 1st Street 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.