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    125 College Ave Shelby, NC 28152

    Sponsored
    For Sale
    $93,500

    0.57-acre lot, ideal location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.57-acre commercial lot presents a rare investment opportunity in the thriving city of Shelby, North Carolina. Located at 125 E College Ave, this property boasts a highly desirable B-1 zoning designation, opening doors to a wide range of commercial ventures. Its strategic position offers unparalleled visibility and accessibility, situated just 600 feet from a signalized intersection on NC-150, ensuring high traffic exposure. The lot itself provides 73 feet of frontage on NC-150, complemented by convenient rear access via Hamrick Avenue. This prime location places your future business within walking distance of a vibrant array of shops, restaurants, coffee houses, and the Gardner Webb University campus, guaranteeing a robust customer base and strong potential for growth. All public utilities are readily available, simplifying development and minimizing upfront costs. The property is offered for sale by owner at $93,500, representing an exceptional value for a commercial lot of this caliber and location. Don't miss this chance to secure a foothold in a dynamic and expanding market. This is a truly unique opportunity to establish your business in a highly sought-after area. The property is owned by MICO.

    Property Features for 125 College Ave

    General Information

    Property type
    Land
    Lot Size
    24,829 SF

    HighLights

    • $93,500 asking price for 0.57‑acre commercial lot.
    • B‑1 zoning.
    • Located at 125 E College Ave, Shelby, NC 28152.
    • 73 feet of frontage on NC 150 with rear access to Hamrick Avenue.
    • All utilities available.
    • For sale by owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residences at College Avenue Apartment Building

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shelby
    County
    Cleveland
    State
    North Carolina
    Longitude
    -81.6644718
    Latitude
    35.2507071

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    FAQs

    What type of property is this?
    Land - 0.57-acre lot, ideal location
    Where is this land located?
    The property is located at 125 College Ave Shelby, NC.
    What is the asking price?
    The asking price for this property is $93,500.
    What are key features of this property?
    This property features: $93,500 asking price for 0.57-acre commercial lot.; B-1 zoning.; Located at 125 E College Ave, Shelby, NC 28152.
    (980) 404-1111
    Request Owner's contact information
    125 College Ave Shelby, NC 28152
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    125 College Ave Shelby, NC 28152
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