1022 Industry Dr, Shelby, NC 28152-8550
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.
-
Purolator EFP Metal Fabrication Plant Factory
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
LI · Shelby, NCShelby. Always verify with local authorities before improvements.
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.