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    OFF-MARKET
    Commercial real estate

    2720 Dixon Blvd, Shelby, NC 28152

    8.07 ac lot
    Property ID
    US53-2286317
    Property summary
    AI-generated overview

    This exceptional 8.07-acre commercial property in Shelby, North Carolina, presents a unique investment opportunity. Located at 2720 W Dixon Blvd, this strategically positioned land boasts 432 feet of high-visibility frontage on Highway 74 West, just 355 feet east of a four-way signalized intersection. The property is conveniently situated within the city limits of Shelby, only 4.2 miles due west of the uptown courthouse. The land is dually zoned: 3.11 acres are zoned GB-2 (General Business Two), offering excellent potential for commercial development, while the remaining 4.96 acres are zoned R-20 (Residential 20), allowing for residential development options. Currently, the site features a 2,128 square foot manufactured home, previously used as a sales and display center, and a 20-foot high metal pylon sign. City water is available on-site, and a septic system, permitted for a three-bedroom, two-bathroom home, is already installed. The property includes three parcels: 28876, 28877, and 28897. High traffic volume and excellent visibility make this an ideal location for a variety of commercial ventures, while the residential zoning provides additional flexibility. An aerial drone video is available for viewing. The asking price for this prime property is $495,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 8.07 ac (351,529 SF)
    UPID US53-2286317
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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