Property profile

414 Main St Shelby, NC 28152

OFF-MARKET
Land
1.5 ac lot
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Property summary

AI-generated overview

This exceptional 1.5-acre commercial lot presents a remarkable development opportunity in Shelby, North Carolina. Located at 414 S Main St, 28152, this property boasts a highly desirable B-1 zoning classification, opening doors to a wide range of commercial ventures. Situated in Cleveland County, the lot offers excellent visibility and accessibility, with convenient frontage on NC 150, a major thoroughfare boasting an impressive 7700 AADT (Average Annual Daily Traffic). The land itself is described as clear and level, significantly reducing site preparation costs and expediting the development process. Furthermore, the property benefits from the availability of municipal water and sewer services, eliminating the need for costly infrastructure investments. This strategic location, combined with its readily developable nature and essential utilities, makes this 1.5-acre parcel an ideal investment for discerning entrepreneurs seeking a prime location in a thriving community. The asking price is $100,000. This is a rare opportunity to acquire a ready-to-build commercial lot in a high-traffic area with all the necessary infrastructure in place. Don't miss out on this exceptional investment prospect.

Property profile

Verified
Property type Land
Lot 1.5 ac (65,340 SF)

Cap rate & NOI

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

Location

414 Main St Shelby, NC 28152
Shelby metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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