Technical
Financial
Distress signals
Property profile

1022 Industry Dr Shelby, NC 28152

OFF-MARKET
Office buildings
Property ID
US53-2928517
48,000 SF 6.53 ac lot Built 1995
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located at 1022 Industry Dr, Shelby, NC 28152, presents a compelling investment opportunity. The 48,000 square foot warehouse sits on a generous 5.529-acre lot and offers a blend of functional space and modern amenities. Built in 1995, the building boasts 42,500 square feet of climate-controlled warehouse space, complemented by 5,500 square feet of office area. The warehouse features a desirable 16-18 foot clear ceiling height, providing ample vertical storage capacity. Two dock-high doors ensure efficient loading and unloading operations. The property includes 40 parking spaces, providing convenient access for employees and visitors. The building is equipped with a metal roof, a 100% air-conditioned HVAC system, and three-phase power (460/277v, 1600 amp). Restrooms are conveniently located in both the warehouse and office areas. This well-maintained property is priced at $3,360,000, representing a compelling price per square foot of $70. Its strategic location in Cleveland County, North Carolina, offers excellent access to major transportation routes and a thriving local economy. This property is ideal for a variety of industrial uses and represents a strong investment opportunity.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1995
Total area 48,000 SF
Lot 6.53 ac (284,403 SF)
Zoning code LI
APN 46904
UPID US53-2928517

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Metal Fabrication Plant Factory

Location

1022 Industry Dr Shelby, NC 28152-8550
Shelby metro Census 950702 SHELBY, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.36M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.47M
Blend (final) Blend
$2.48M

Owner & transaction history

since 2025
Last sale
$3.2M
1 recorded transaction
2025
$3.2M

Zoning & alternative use

LI · Shelby, NC
Zoning description

The LI light industrial district is primarily intended to accommodate limited manufacturing, warehousing, wholesaling and related commercial and service activities which have little or no adverse impact upon adjoining re…

General category INDUSTRIAL

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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