2538 Dixon Blvd, Shelby, NC 28152-9007
This 6.89-acre commercial property in Shelby, North Carolina, presents a unique investment opportunity. Located on West Dixon Boulevard, this level-to-sloping lot boasts over 500 feet of high-traffic, high-visibility frontage on Highway 74 West. Currently zoned GB-2 (General Business 2), the property offers numerous potential uses. The land is mostly grassed and previously served as a corporate mobile/modular home sales and display center. City water is available, and a three-bedroom septic system is already installed. Shelby City sewer may be available upon request. Adding to its appeal, the property includes a billboard lease generating $2,500 in annual income. Situated within Shelby city limits, this location is approximately 3.67 miles due west of the Uptown Courtsquare. The property's strategic location and versatile zoning make it ideal for a variety of commercial ventures. An aerial drone video is available for viewing. The asking price is $495,000. Parcel number is 71193.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB2 · Shelby, NCShelby. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.