0 Westlee St Shelby, NC 28150
This exceptional 41.79-acre tract in Cleveland County, North Carolina, presents a unique investment opportunity. Strategically located with significant frontage on both the new Highway 74 Bypass and Highway 74 itself, this property offers unparalleled visibility and accessibility for businesses seeking exposure to the high volume of traffic traveling between Charlotte and Asheville. Currently utilized as income-generating farmland, the land boasts a versatile mix of tillable and timbered areas, primarily level terrain. Natural features enhance the property's appeal, including a natural spring, several creeks, and an approximately one-acre pond. County water is readily available on Westlee Street, and electricity is conveniently located nearby. The property's zoning allows for both agricultural and commercial uses, making it suitable for a variety of development projects. The seller is open to subdividing the parcel into smaller tracts, providing flexibility for potential buyers with varying needs and investment strategies. The APN is 31982. This is a rare opportunity to acquire a large, well-situated parcel with significant development potential in a rapidly growing area. The asking price is $999,999.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.