Property profile

339 College Ave Shelby, NC 28152

OFF-MARKET
Land
1.03 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 1.03 ac (44,693 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

339 College Ave Shelby, NC 28152
Shelby metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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