Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1170 Marion St Shelby, NC 28150

    For Lease
    Contact for pricing

    Freestanding Drug Store, 14,673 SF, 1.52 Acres

    Lot size:
    14,673 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 14,673-square-foot freestanding retail building, built in 2008 and renovated in 2018, presents a unique investment opportunity. Currently vacant, this single-tenant property sits on a 1.52-acre lot and boasts 72 parking spaces, ensuring ample customer convenience. The building's strategic location at a signalized corner intersection of E Marion St (13,000 AADT) and Cherryville Rd (11,000 AADT) guarantees high visibility and accessibility. Three streets provide three convenient ingress/egress points. The property is zoned GB and located in Cleveland County, within a thriving commercial area adjacent to established residential neighborhoods. Average household incomes within a one-mile radius significantly exceed state averages, at $82,097. Further enhancing its potential, the ongoing relocation of Peach Street creates room for future expansion. This Class C property offers a rare chance to acquire a substantial retail space in a high-demand location with significant growth potential. The property features one single-story building.

    Property Features for 1170 Marion St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,673 SF
    Class
    C

    Building Details

    Year Built/Renovated
    2008/2018
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    14,673 SF

    HighLights

    • 14,673 SF freestanding retail building, single‑tenant, vacant.
    • 1.52‑acre lot with 72 parking spaces.
    • Located at a signalized intersection with high traffic counts (E Marion St 13,000 AADT and Cherryville Rd 11,000 AADT), offering three points of ingress/egress.
    • High average household income ($82,097 within a 1‑mile radius).
    • Development potential due to Peach Street relocation.
    • Class C building, constructed in 2008, renovated in 2018, situated in Cleveland County, zoned GB.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor Chrissie D. Hoyle, ... Pharmacy Robert D. Hall, ... Pharmacy higi Health Consultant FedEx OnSite Mailing Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelby
    County
    Cleveland
    State
    North Carolina
    Longitude
    -81.512573968422
    Latitude
    35.295321360654

    Nearby Similar for Lease

    • $1,000 /Mo
      43,560 SF

      Retail Space in Shelby, NC

      Commercial space for lease in Shelby, NC with shared parking.
      920 Fallston Rd, Shelby, NC 28150
      View Details
    • $1,800 /Mo
      54,014 SF

      Commercial Office Space For Lease

      Commercial office space for lease in Shelby, North Carolina.
      2206 Hoey Church Rd, Shelby, NC 28152
      View Details
    • $8 SF/Yr
      6,249 SF

      Shelby, NC Office Space for Lease

      Flexible Workspaces in Prime Location
      222 Lafayette St, Shelby, NC 28150
      View Details
    • Contact for pricing
      3,200 SF

      Prime Shelby Retail Space

      3,200 SF Vacant Retail Building
      1315 Dixon Blvd, Shelby, NC 28152
      View Details
    • Contact for pricing
      8,500 SF

      Shelby Retail Space: High Visibility

      Prime Shelby storefront, 7,000 sq ft available, ample parking.
      821 Lafayette St, Shelby, NC 28150
      View Details
    • $10 SF/Yr
      12,745 SF

      Shelby Medical Office Building

      Class A Medical Office Space Available
      808 Schenck St, Shelby, NC 28150
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Freestanding Drug Store, 14,673 SF, 1.52 Acres
    Where is this individual retail property located?
    The property is located at 1170 Marion St Shelby, NC.
    What are key features of this property?
    This property features: 14,673 SF freestanding retail building, single-tenant, vacant.; 1.52-acre lot with 72 parking spaces.; Located at a signalized intersection with high traffic counts (E Marion St 13,000 AADT and Cherryville Rd 11,000 AADT), offering three points of ingress/egress.
    Request Owner's contact information
    1170 Marion St Shelby, NC 28150
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1170 Marion St
    Shelby, NC 28150
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1170 Marion St Shelby, NC 28150
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.