Salon Property with Flexible
New
For Sale
$350,000
4009 Polkville Road, Shelby, NC 28150
Well-maintained commercial property with existing salon fixtures, multiple rooms, outdoor space, and parking on a residentially zoned site.
Property Size1,271 SF
Price / SF$275.37
Days on Market5
Property Features for 4009 Polkville Road
General Information
Standard status
Active
Size
1,271 SF
Property subtype
Commercial
Zoning
residential
Amenities
Central air
Asbestos Shingle Roof
Central Air Cooling
Driveway
Handicap Parking
Heat Pump Cooling
Heat Pump Heating
Level
No Interior Steps
Ramp(s)-Main Level
Building Details
Year Built
1990
Tenancy
Single
Abandoned
No
Listing Agency:
KELLER WILLIAMS CONNECTED
(803) 835-2300
Listed By:
MERRITT CROOM
Source:
Corcoran
Added: Jul 28
Changed: Jul 31
Last Checked: Jul 31 at 11:34AM
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 KELLER WILLIAMS CONNECTED
Investment Insights
Based on property information with market context.
Currently operating as a beauty salon, this well-maintained property offers 1,271 square feet with a layout that includes a welcoming lobby, hair styling stations with wash sinks, a private stylist room, two additional rooms previously used for tanning, a break room, bathroom, and washer/dryer hookups. Salon fixtures will remain, supporting continued salon operations with existing improvements in place. Built in 1990, the property also includes a rear deck and outdoor space on nearly an acre, along with plenty of parking.
The property is located at 4009 Polkville Road in Shelby, NC 28150. It is currently zoned residential, and the source information identifies potential use categories including office space, daycare, boutique retail, and professional services, subject to buyer verification of zoning and intended use.
The property is located at 4009 Polkville Road in Shelby, NC 28150. It is currently zoned residential, and the source information identifies potential use categories including office space, daycare, boutique retail, and professional services, subject to buyer verification of zoning and intended use.
Key Highlights
- 1,271‑square‑foot beauty salon property built in 1990
- Existing salon fixtures, hair styling stations, and wash sinks remain
- Layout includes lobby, private stylist room, two tanning rooms, break room, bathroom, and hookups
Financial Insights For Office B
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 | $28.2k | $22.20 |
| − Vacancy | −$5.0k | −$3.93 |
| EGI | $23.2k | $18.27 |
| − OpEx | −$5.8k | −$4.57 |
| NOI | $17.4k | $13.70 |
1,271 SF · lease $22.20/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$248.8K
$217.7K – $290.3K
NOI $17,416 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$322.8K
$282.4K – $376.6K
NOI $22,594 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Well-maintained commercial property with existing salon fixtures, multiple rooms, outdoor space, and parking on a residentially zoned site.
Where is this spa & wellness property located?
The property is located at 4009 Polkville Road Shelby, NC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,271‑square‑foot beauty salon property built in 1990; Existing salon fixtures, hair styling stations, and wash sinks remain; Layout includes lobby, private stylist room, two tanning rooms, break room, bathroom, and hookups
