1740 Fallston Road Shelby, NC 28150
SINGLE_FAMILY - Shelby, NC
Property Features for 1740 Fallston Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 24636
- Size
- 8,673 SF
- Lot size
- 0.97 Acres
Taxes and HOA fees
- Tax Description
- see deed
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 2003
- Floors in Building
- 1
Listing agent Diane Ledbetter License #181896 (704) 692-8260
Listing office Diane Ledbetter Real Estate 2015 E Marion St, Shelby, NC (704) 481-7523
Listing date Jan 14, 2026
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Office/warehouse combination suitable for diverse business needs.
- Convenient location on Hwy 18N with additional access from North Post Road.
- Warehouse space of 5069 sq ft (unheated).
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.1k | $15.00 |
| − Vacancy | −$9.1k | −$1.05 |
| EGI | $121.0k | $13.95 |
| − OpEx | −$42.3k | −$4.88 |
| NOI | $78.6k | $9.07 |