Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1500 Shelby Road Kings Mountain, NC 28086

    View on Map
    For Sale
    $90,000

    LAND - Kings Mountain, NC

    Lot size:
    0.23 Acres
    Added:
    Jan 5, 2025
    Days on Market:
    456
    Last Refresh:
    Apr 6 at 5:06 pm

    Property Features for 1500 Shelby Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    12116
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Description
    1500 Shelby Rd

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Antonette Thompson
    Antonette Thompson

    Listing agent Antonette Thompson

    Listing office Fathom Realty NC LLC 19701 Bethel Church Rd Suite 103-182, Cornelius, NC

    Listing date Jan 5, 2025

    MLS# 4210128 Listing URL

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kings Mountain Corner Lot

    This 0.23-acre corner lot is located in Kings Mountain, North Carolina. The property is flat and cleared, situated along Business 74, offering high visibility and accessibility. It is zoned Suburban Commercial, with potential for residential use, according to the City of Kings Mountain. The property provides convenient access to local amenities and downtown Kings Mountain.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kings Mountain
    County
    Cleveland
    State
    North Carolina
    Longitude
    -81.375672
    Latitude
    35.239947

    Nearby Similar for Sale

    • $1,600,000

      Versatile Commercial Building in Downtown

      Commercial building in downtown Kings Mountain with redevelopment potential.
      301 S Battleground Avenue, Kings Mountain, NC 28086
      View Details
    • $395,000

      Kings Mountain Commercial Property For Sale

      Highly visible commercial property suitable for medical, professional, or service-oriented businesses.
      810 W King Street unit: 3, Kings Mountain, NC 28086
      View Details
    • $1,065,000

      Kings Mountain Industrial Property For Sale

      Versatile industrial property near I-85 and HWY 74 Business.
      508 Canterbury Road, Kings Mountain, NC 28086
      View Details
    • $125,900

      Kings Mountain Land For Sale

      1.24 acre commercial land near Hwy 29/74 & I-85.
      221 Benfield Road, Kings Mountain, NC 28086
      View Details
    • $659,000

      Commercial Land Near I-85 Exit

      1.3 acre commercial lot with city utilities near I-85.
      710 YORK Road, Kings Mountain, NC 28086
      View Details
    • $25,000

      Kings Mountain Acreage Opportunity

      4.32-acre parcel in Kings Mountain, NC, zoned suburban residential.
      530 2 Waco Road, Kings Mountain, NC 28086
      View Details
    • $185,000

      Kings Mountain Buildable Homesite

      3. 85-acre homesite with mountain views and privacy.
      477 Alex D Owens Drive, Kings Mountain, NC 28086
      View Details
    • $368,900

      Turnkey Investment Opportunity in Kings

      Two fully remodeled homes on a spacious 1.36-acre lot.
      624 Brevard Street, Kings Mountain, NC 28086
      View Details
    • $45,000

      Kings Mountain Residential Lot

      Residential lot in Woodbridge Community with golf and lake access.
      124 HARBOURTOWN Drive unit: 30, Kings Mountain, NC 28086
      View Details
    • $1,695,000

      Kings Mountain Mixed-Use Investment Opportunity

      Mixed-use property with commercial and residential potential in Kings Mountain.
      605 N Piedmont Avenue, Kings Mountain, NC 28086
      View Details
    • $580,000

      Secluded Kings Mountain Acreage

      53.18 acres of secluded land near I-85.
      211+212 FARRIS Road, Kings Mountain, NC 28086
      View Details
    • $12,000

      Land Near Highway 74

      Land located near Highway 74 and Interstate 85.
      6B010 Shady Grove Road, Kings Mountain, NC 28086
      View Details

    FAQs

    What type of property is this?
    Commercial land - Cleared corner lot in Kings Mountain with commercial zoning.
    Where is this commercial land located?
    The property is located at 1500 Shelby Road Kings Mountain, NC.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: Prime corner lot location in Kings Mountain.; Zoned Suburban Commercial with potential for residential use.; Flat, cleared property ready for development.
    (704) 968-1693
    We can help!
    Listing Contact
    Antonette Thompson
    Antonette Thompson
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!