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    Lattimore Rd Shelby, NC 28150

    Sponsored
    For Sale
    $1,794,240

    100-Acre Tract, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 99.68-acre property presents a unique investment opportunity in Shelby, North Carolina. Located just two miles from NC Highway 74, this expansive land parcel offers convenient access via Lattimore Road and Westlee Street. Currently utilized for farming and recreational purposes, the property boasts approximately 68 acres of tillable land and roughly 32 acres of timber. Enjoy scenic views of South Mountain State Park from the northwestern portion of the land. A significant portion, approximately 28.22 acres, lies within the town limits of Lattimore, while the remainder is outside town limits. The property is zoned R and MZ, providing flexibility for various development possibilities. Situated within the Crest High School and Springmore Elementary School districts, this location offers convenience and family-friendly appeal. County water is available, and sewer services are readily accessible nearby, managed by the Public Works Department of Boiling Springs for the town of Lattimore. This is a truly remarkable opportunity to acquire a large, versatile tract of land with significant potential.

    Property Features for 0 Lattimore Rd

    General Information

    Property type
    Land
    Lot Size
    4,342,061 SF

    HighLights

    • 99.68‑acre property in Shelby, NC, offering convenient access to NC Highway 74.
    • Features approximately 68 acres of tillable farmland and 32 acres of timber.
    • Offers scenic views of South Mountain State Park.
    • 28.22 acres are within Lattimore town limits; the remainder is outside.
    • R and MZ zoning allows for diverse development options.
    • Located in the Crest High School and Springmore Elementary School districts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shelby
    County
    Cleveland
    State
    North Carolina
    Longitude
    -81.684955
    Latitude
    35.3115269

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    FAQs

    What type of property is this?
    Land - 100-Acre Tract, Development Potential
    Where is this land located?
    The property is located at Lattimore Rd Shelby, NC.
    What is the asking price?
    The asking price for this property is $1,794,240.
    What are key features of this property?
    This property features: 99.68-acre property in Shelby, NC, offering convenient access to NC Highway 74.; Features approximately 68 acres of tillable farmland and 32 acres of timber.; Offers scenic views of South Mountain State Park.
    Request Owner's contact information
    Lattimore Rd Shelby, NC 28150
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    Shelby, NC 28150
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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
    Lattimore Rd Shelby, NC 28150
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