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Property profile & analytics
OFF-MARKET Estimated value $520,000
Auto shops

105 Sharpe St Selma, NC 27576-2822

11,014 SF 0.53 ac lot Built 1945
Trust Owned Absentee Owner Free & Clear
Property ID
US53-5334327
Property summary
AI-generated overview

This vacant industrial warehouse, located at 105 N Sharpe St in Selma, North Carolina, presents a compelling investment opportunity. The property boasts 11,089 square feet of space, situated on a 0.53-acre lot, and is zoned I-1. The building features five dock-high doors, ideal for efficient loading and unloading of goods, and offers ample space for large trucks. A fenced-in, secured outdoor yard provides additional storage and parking. The interior comprises 10,010 square feet of ground floor space and an additional 1,079 square feet on the second floor, suitable for various industrial uses. The asking price is $770,000, translating to $69.44 per square foot. This property benefits from its proximity to Highway 70 and is conveniently located just nine minutes from the highway. Furthermore, its location near Eastfield Crossing, a substantial mixed-use development encompassing retail, medical, professional, hospitality, entertainment, and senior living spaces, offers significant potential for growth and increased property value. The property's strategic location and versatile design make it an attractive option for a wide range of industrial businesses. The zip code is 27576.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1945
Total area 11,014 SF
Lot 0.53 ac (23,087 SF)
Zoning code IND
APN 14028073
UPID US53-5334327
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cathlon International Inc. Auto Repair Shop
  • Miracle Movers Selma Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
$413k
Blend (final) Blend
$520k
Owner & transaction history
First-citizens Bank And Trust Compa
First-citizens Bank And Trust Compa
since 2026
Last sale
$494,275
7 recorded transactions
2026
$494,275
2022
$599,000
2021
Price N/A
2021
$333,000
2018
Price N/A
2017
$225,000
2017
$200,000
Zoning & alternative use
IND · Selma, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Chapter 17 UDO 160D Compliant
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