Financial
Distress signals
Property profile

221 Simpson Park Rd Shelby, NC 28150

OFF-MARKET
Medical Office Space
Property ID
US53-2526001
3,507 SF Built 1996
Last sale Dec 2023 · $840,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value · 2023$536k
Assessed land$162k
Assessed improvement$374k
Effective rate1.20%

Value estimate

· Sep 2026
$680k
$612k – $748k
AI approach$595k
CAP approach$660k
Submarket $/SF estimate$628k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$137/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$75 – $203

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RO
The RO residential office district is primarily intended to accommodate high density multifamily residences offices public and institutio...
General categoryMIXED_USE
JurisdictionCLEVELAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.8
Law Firm15.1
Building Supply12.8

Location

221 Simpson Park Rd Shelby, NC 28150-4299
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1210 Marion, Shelby, NC 28150-4831 $171,000 Jan 2026 2,859 SF
114 Lee, Shelby, NC 28150-3839 $650,000 Jun 2024 2,696 SF
212 Dekalb, Shelby, NC 28150-2601 $325,000 Jul 2022 4,200 SF
200 Grover, Shelby, NC 28150-3708 $2,027,500 Jun 2022 4,423 SF
1415 Lafayette, Shelby, NC 28150-3406 $235,000 Mar 2021 2,583 SF
419 Earl, Shelby, NC 28150-6700 $1,576,000 Feb 2021 3,205 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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