Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

114 Lee St Shelby, NC 28150

FOR SALE
Medical Office Space
Property ID
US53-3302136
2,696 SF 0.62 ac lot Built 1997
Last sale Jun 2024 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ 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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value · 2023$500k
Assessed land$203k
Assessed improvement$297k
Effective rate1.21%

Value estimate

· Oct 2026
$650k
$585k – $715k
AI approach$650k
CAP approach$505k
Submarket $/SF estimate$548k
NOI build-up
Gross scheduled income$60k
Vacancy & credit loss−$11k
Operating expenses−$12k
NOI · 5.39% cap applied$37k

Realmo valuation models over county records and 4 qualifying comparable sales.

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
Qualifying comparables4

Cap rate analysis

How does the asset earn?
5.39%
$37k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath9.8
Electrical Service9.7
Laundry Service9.3

Location

114 Lee St Shelby, NC 28150
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales 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
616 Marion, Shelby, NC 28150-4618 $350,000 Dec 2025 2,112 SF
209 Patton Dr, Shelby, NC 28150-4658 $236,000 Oct 2024 2,255 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
700 Lafayette, Shelby, NC 28150-3829 $225,000 Mar 2019 2,188 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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