Property profile

1203 Marion St Shelby, NC 28150

OFF-MARKET
Turn key restaurants
Property ID
US53-2796930
2,634 SF Built 1970
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Total area 2,634 SF
Zoning code GB
APN 25854
UPID US53-2796930

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
  • Restaurant
  • Insurance Agency
  • Advertising Agency Marketing & Advertising

Location

1203 Marion St Shelby, NC 28150-4876
Shelby metro Census 950701 SHELBY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2015
1 recorded transaction
2015
$450,000

Zoning & alternative use

GB · Shelby, NC
Zoning description

The GB business district is established as a district in which to accommodate a wide range of retail business, professional and personal services office and limited wholesale and warehousing uses, areas zoned as GB are g…

General category COMMERCIAL

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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