2500 Joes Lake Road, Shelby, NC 28152
Well-equipped beauty shop with workstations and parking.
- Added:
- Jun 2, 2024
- Days on Market:
- 744
- Last Refresh:
- May 12 at 9:50 pm
Property Features for 2500 Joes Lake Road
General Information
- Standard status
- Active
- Size
- 1,132 SF
- Property subtype
- Other
Building Details
- Year Built
- 1988
Listing agent Tracy Whisnant (704) 477-7391
Listing office RE/MAX Select (704) 477-7391
Listing date Jun 2, 2024
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Select
HighLights
- Well‑established beauty shop with existing infrastructure.
- Features 5 workstations and 3 wash stations.
- Approximately 15 paved parking spaces.
- Open floor plan with waiting area.
- Central air conditioning and electric heating.
- Washer/dryer and refrigerator included.
Overview
Local Financial Insights For Retail
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 | $20.4k | $18.00 |
| − Vacancy | −$998 | −$0.88 |
| EGI | $19.4k | $17.12 |
| − OpEx | −$5.8k | −$5.14 |
| NOI | $13.6k | $11.98 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shelby
- County
- Cleveland
- State
- North Carolina
- Longitude
- -81.490698
- Latitude
- 35.2513085
