Polkville Area Retail/Office
For Sale
$250,000
4009 Polkville Road, Shelby, NC 28150
Well-maintained retail or office space with multiple rooms and ample parking.
Property Size1,255 SF
Price / SF$199.20
Days on Market400
Property Features for 4009 Polkville Road
General Information
Standard status
Active
Size
1,255 SF
Property subtype
Office Retail
Zoning
R15
Building Details
Building Size
1,255 SF
Year Built
1990
Listing Agency:
RE/MAX
Listed By:
Tracy Whisnant · License #247445
(704) 477-7391
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Oct 25
Last Checked: Oct 28 at 4:40AM
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
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Investment Insights
Based on property information with market context.
This property, located in the Polkville area, presents a rare opportunity for various business ventures. Currently operating as a well-maintained beauty shop, the space is suitable for office, daycare, retail, or other uses. The 1255 square-foot building features a lobby, two rooms formerly used for tanning, hair stations, wash sinks, a nail room, a separate stylist room, a break room, and a bathroom. It also includes a rear deck and is plumbed for a washer and dryer. Situated on almost an acre, this property offers ample space and potential.
Key Highlights
- Operating beauty shop in well‑maintained condition.
- Versatile property suitable for office, daycare, retail, or beauty shop.
- Includes lobby, tanning rooms, hair stations, wash sinks, nail room, stylist room, break room, and bath.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,197
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,940
$343.9K
Cap Rate 7%
$245,671
$245.7K
Cap Rate 9%
$191,078
$191.1K
Market Conditions
NOI Build-Up for 1,255 SF
Gross rent
$27.9K $22.20/SF
− Vacancy
−$4.9K −$3.93/SF
EGI
$22.9K $18.27/SF
− OpEx
−$5.7K −$4.57/SF
NOI
$17.2K $13.70/SF
Area
Cleveland County, NC
Vacancy
17.70%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,940
Cap Rate 7%
$245,671
Cap Rate 9%
$191,078
Alternative Uses
Best Use
Office B
$245.7K
$215.0K – $286.6K
NOI $17,197 @ 7.0% cap · market cap 6.88%
Second Best
Retail
$214.8K
$188.0K – $250.6K
NOI $15,038 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$318.7K
$278.9K – $371.8K
NOI $22,310 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
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Business Placement
Demographics for 28150, NC
28,517
Population
13,482
Households
2.1
Avg Household Size
44
Median Age
24%
College-Educated
90%
High-School Grad
109.5 sq mi
ZIP Area
260
Density / Sq Mi
$53,027
Median Household Income
$36,843
Median Earnings
$793
Median Rent
$195,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Well-maintained retail or office space with multiple rooms and ample parking.
Where is this retail space located?
The property is located at 4009 Polkville Road Shelby, NC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Operating beauty shop in well‑maintained condition.; Versatile property suitable for office, daycare, retail, or beauty shop.; Includes lobby, tanning rooms, hair stations, wash sinks, nail room, stylist room, break room, and bath.
