651 S Post Road Shelby, NC 28152
Two commercial buildings with room for expansion near Highway 74.
Property Features for 651 S Post Road
General Information
- Standard status
- Active
- Size
- 1,946 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2018
Listing office BROAD RIVER PROPERTIES, LLC (704) 476-9143
Listing date Apr 7, 2026
Source Corcoran
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 BROAD RIVER PROPERTIES, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Established income‑producing commercial property with two buildings
- Located less than one mile from Highway 74
- Potential for growth with additional acreage for more commercial spots
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 | $35.0k | $18.00 |
| − Vacancy | −$1.7k | −$0.88 |
| EGI | $33.3k | $17.12 |
| − OpEx | −$10.0k | −$5.14 |
| NOI | $23.3k | $11.98 |
