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Property profile & analytics
OFF-MARKET
Land

00 Westlee St Shelby, NC 28150

Property ID
Property summary
AI-generated overview

This exceptional commercial land offering in Shelby, North Carolina presents a unique investment opportunity. Located strategically between Highway 74 and the new Shelby bypass, this property boasts approximately 1,450 feet of visibility along the bypass and 600 feet of accessible frontage on Westlee Road, which connects to Highway 74 via a traffic signal. This prime location ensures exposure to a high volume of traffic traveling between Charlotte and Asheville. The property encompasses a significant acreage, including a +/- 1-acre pond and creek, enhancing its appeal and potential uses. Furthermore, an additional +/- 20.25 acres are available on the north side of the Shelby bypass, contingent upon survey. The asking price for this exceptional property is $537,250. This is a rare opportunity to acquire a large, highly visible tract of land perfectly positioned for commercial development in a rapidly growing area. The address is 00 Westlee St, Shelby, NC 28150.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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