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    Versatile Commercial Building on Shelton
    Updated: Dec 19, 2025
    Versatile Commercial Building on Shelton

    935 Shelton Avenue, Statesville, NC 28677

    $599,000
    5,070 sqft 0.59 AC lot
    Prime location on Shelton Ave, a high‑traffic thoroughfare.
    Versatile 5,070 sq. ft. commercial building on a .59‑acre lot.
    "Commercial" zoning allows for diverse business uses (automotive, retail, light industrial, professional suites).
    Currently operating as a go‑kart and auto shop with warehouse and office space.
    High visibility and easy access** to attract customers.
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    This listing looks promising.

    Here's a quick look at some key insights for

    935 Shelton Avenue, Statesville, NC 28677

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $37K
      Annual

    • Price @ 7% Cap

      $526K
      Suggested

    • Property Type

      Commercial (General)
      Built 1963
    View Property Analytics
    Industrial Warehouse with Roll-Up Doors
    Updated: Mar 12, 2025
    Industrial Warehouse with Roll-Up Doors

    140 Water Tank Road, Statesville, NC 28677

    $775,000
    1.50 AC lot
    1.5 acres zoned M1 in Iredell County
    I‑40 visibility just off Old Mountain Rd exit
    Two roll‑up on‑grade doors for warehouse access
    Propane supplemental heaters in the ceiling
    Metal warehouse building with concrete flooring and metal roof
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    Automotive Shop and Metal Building
    Automotive Shop and Metal Building

    540 Mocksville Highway, Statesville, NC 28625

    $725,000
    0.77 AC lot

    For sale as a package: a long-running automotive business with the prime real estate and a large metal shop building.

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    Versatile Commercial Building on Shelton
    Versatile Commercial Building on Shelton

    935 Shelton Ave, Statesville, NC 28677

    Contact for pricing
    5,070 sqft 0.59 AC lot

    5,070 sq ft commercial building on 0.59-acre lot.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Statesville, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Advance Auto Parts For Sale
    Advance Auto Parts For Sale

    625 2nd St, North Wilkesboro, NC 28659

    Contact for pricing
    8,075 sqft 1.05 AC lot

    8,075 SF building on 1.05-acre lot with long-term lease.

    View details
    Auto Shop Building with Office
    Auto Shop Building with Office

    201 K Street, North Wilkesboro, NC 28659

    Contact for pricing
    5,000 sqft 0.49 AC lot

    Commercial building with four large auto bays, office space, and 3-phase power on city water and sewer.

    View details
    Auto Service Building with Drive-Through
    Auto Service Building with Drive-Through

    284 E. Plaza Drive, Mooresville, NC 28115

    Contact for pricing
    2,250 sqft 1.24 AC lot

    Prefabricated metal auto service building on nearly 1.24 acres with three drive-in doors and nearly 200’ of road frontage.

    View details
    Versatile Property with Equestrian Features
    Versatile Property with Equestrian Features

    269 Johnson Dairy Road, Mooresville, NC 28115

    $1,800,000

    19.677-acre property featuring a brick ranch home and equestrian facilities.

    View details

    Off-Market Properties in Statesville, NC

    Consider similar Off-Market properties in Statesville, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    234 Bethesda Rd
    AUTO REPAIR, GARAGE

    234 Bethesda Rd, Statesville, NC 28677-2734

    $1,185,000
    Estimated value
    12,260 sqft 12.80 AC lot
    View details
    2997 Wilkesboro Hwy
    AUTO REPAIR, GARAGE

    2997 Wilkesboro Hwy, Statesville, NC 28625-8184

    $425,000
    Estimated value
    14,130 sqft 2.00 AC lot
    View details
    701 Meeting St
    AUTO REPAIR, GARAGE

    701 Meeting St, Statesville, NC 28677-6615

    $230,000
    Estimated value
    4,455 sqft 0.29 AC lot
    View details
    1475 Old Mtn Rd
    AUTO REPAIR, GARAGE

    1475 Old Mtn Rd, Statesville, NC 28677-2085

    $190,000
    Estimated value
    4,025 sqft 0.53 AC lot
    View details
    2148 Old Mtn Rd
    AUTO REPAIR, GARAGE

    2148 Old Mtn Rd, Statesville, NC 28625-1631

    $250,000
    Estimated value
    3,316 sqft 0.71 AC lot
    View details
    310 Aviation Dr
    AUTO REPAIR, GARAGE

    310 Aviation Dr, Statesville, NC 28677-2509

    $5,120,000
    Estimated value
    53,940 sqft 8.75 AC lot
    View details
    1612 Lynnwood Dr
    AUTO REPAIR, GARAGE

    1612 Lynnwood Dr, Statesville, NC 28677

    $65,000
    Estimated value
    1,664 sqft 0.80 AC lot
    View details
    243 Beulah Rd
    AUTO REPAIR, GARAGE

    243 Beulah Rd, Statesville, NC 28677-9629

    $95,000
    Estimated value
    1,656 sqft 0.29 AC lot
    View details
    510 Turnersburg Hwy
    AUTO REPAIR, GARAGE

    510 Turnersburg Hwy, Statesville, NC 28625-2722

    $100,000
    Estimated value
    2,040 sqft 0.23 AC lot
    View details
    876 Old Mtn Rd
    AUTO REPAIR, GARAGE

    876 Old Mtn Rd, Statesville, NC 28677-2047

    $245,000
    Estimated value
    2,070 sqft 0.91 AC lot
    View details
    1336 Northside Dr
    AUTO REPAIR, GARAGE

    1336 Northside Dr, Statesville, NC 28625-3102

    $725,000
    Estimated value
    11,100 sqft 3.46 AC lot
    View details
    2040 Old Mtn Rd
    AUTO REPAIR, GARAGE

    2040 Old Mtn Rd, Statesville, NC 28625-1630

    $260,000
    Estimated value
    3,200 sqft 3.56 AC lot
    View details
    330 Aviation Dr
    AUTO REPAIR, GARAGE

    330 Aviation Dr, Statesville, NC 28677-2509

    $3,300,000
    Estimated value
    43,777 sqft 5.23 AC lot
    View details
    1385 Shelton Ave
    AUTO REPAIR, GARAGE

    1385 Shelton Ave, Statesville, NC 28677-7257

    $155,000
    Estimated value
    3,120 sqft 0.33 AC lot
    View details
    2249 Turnersburg Hwy
    AUTO REPAIR, GARAGE

    2249 Turnersburg Hwy, Statesville, NC 28625-1684

    $350,000
    Estimated value
    2,560 sqft 6.33 AC lot
    View details
    2956 Amity Hl Rd
    AUTO REPAIR, GARAGE

    2956 Amity Hl Rd, Statesville, NC 28677-9745

    $3,990,000
    Estimated value
    23,196 sqft 7.92 AC lot
    View details
    847 Buffalo Shls Rd
    AUTO REPAIR, GARAGE

    847 Buffalo Shls Rd, Statesville, NC 28677-8620

    $625,000
    Estimated value
    10,210 sqft 76.27 AC lot
    View details
    2319 Frnt St
    AUTO REPAIR, GARAGE

    2319 Frnt St, Statesville, NC 28677-2918

    $290,000
    Estimated value
    1,984 sqft 1.43 AC lot
    View details
    1503 Shelton Ave
    AUTO REPAIR, GARAGE

    1503 Shelton Ave, Statesville, NC 28677-7223

    $125,000
    Estimated value
    1,701 sqft 0.74 AC lot
    View details
    1614 Newton Dr
    AUTO REPAIR, GARAGE

    1614 Newton Dr, Statesville, NC 28677-5043

    $410,000
    Estimated value
    4,230 sqft 1.19 AC lot
    View details

    Statesville, NC Auto Shops Market Trends and Statistics

    Explore 72 auto shops for sale in Statesville, NC, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 10,140 square feet of properties for sale, with an estimated market value of $2,099,000.

    Sale prices for auto repair shops in Statesville, NC start at $599,000, averaging $699,666, and reaching up to $775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 4
    Gas stations 2
    Car washes 1
    Self service car washes 1

    Demographics Overview

    Population 76K
    Population Growth (5Y) +2.8%
    Median Household Income $61,891
    College Educated 19.4%

    High-Yield Neighborhoods for Investment

    Identify Statesville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28625 $750K
    28677 $775K

    Taxes & Financing

    Tax Rate (average for all types) 0.93%
    Property Tax per SF $17.34 per SF
    Tax Rate vs County Average 0.05 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Iredell County

    New Delisted

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