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    339 College Ave Shelby, NC 28152

    Sponsored
    For Sale
    $100,000

    Prime 1-acre lot, B-1 zoning, near Gardner-Webb.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.026-acre commercial lot presents a remarkable investment opportunity in Shelby, North Carolina. Located at 339 W College Ave, this property is ideally situated within walking distance of Gardner-Webb University's campus, offering unparalleled access to a thriving student population and a vibrant community. The property's B-1 zoning allows for a wide range of commercial and medical office uses, providing significant flexibility for potential development. The surrounding area is characterized by a mix of multi-family residential properties and medical offices, creating a dynamic and desirable environment. All utilities are readily available, simplifying the development process. The lot's convenient location and versatile zoning make it an attractive prospect for entrepreneurs and investors alike. The average annual income in the immediate area is $95,663, indicating a strong and stable local economy. This property is owned by ABC of NC LLC and is priced competitively at $100,000. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area.

    Property Features for 339 College Ave

    General Information

    Property type
    Land
    Lot Size
    44,693 SF

    HighLights

    • $100,000 asking price for 1.026‑acre commercial lot.
    • B‑1 zoning.
    • Located at 339 W College Ave, Shelby, NC 28152.
    • Owned by ABC of NC LLC.
    • Excellent location near Gardner‑Webb University and medical offices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage 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
    -81.679457178123
    Latitude
    35.252115320448

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    FAQs

    What type of property is this?
    Land - Prime 1-acre lot, B-1 zoning, near Gardner-Webb.
    Where is this land located?
    The property is located at 339 College Ave Shelby, NC.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: $100,000 asking price for 1.026-acre commercial lot.; B-1 zoning.; Located at 339 W College Ave, Shelby, NC 28152.
    (980) 404-1111
    Request Owner's contact information
    339 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
    339 College Ave Shelby, NC 28152
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