Property profile

1235 Dixon Blvd Shelby, NC 28152

OFF-MARKET
Turn key restaurants
Property ID
US53-2924937
5,630 SF 1.52 ac lot Built 2000
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 6,005-square-foot retail property is ideally situated at 1235 E Dixon Blvd in Shelby, North Carolina, within Cleveland County. Built in 2000, this single-tenant building sits on a generous 1.46-acre lot, offering ample space and visibility. The entire building is currently vacant, presenting a unique opportunity for a prospective tenant to establish a strong presence in a thriving market. The property's street retail classification ensures high foot traffic and excellent exposure. Its location in Shelby, NC, provides access to a robust local customer base and convenient access to major transportation routes. The property's size and layout are highly adaptable to a variety of retail uses, making it an attractive investment for businesses seeking a prominent location. The year 2000 construction suggests a relatively modern building with potential for minimal immediate capital expenditure. The 1.46-acre lot provides significant potential for future expansion or additional development, depending on zoning regulations and local ordinances. This property offers a compelling combination of size, location, and vacancy, making it an exceptional opportunity for retail investors and entrepreneurs. The zip code is 28152.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2000
Total area 5,630 SF
Lot 1.52 ac (66,298 SF)
Zoning code GB
APN 54194
UPID US53-2924937

Cap rate & NOI

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

Location

1235 Dixon Blvd Shelby, NC 28152-6841
Shelby metro Census 950702 SHELBY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.54M
Blend (final) Blend
$1.25M

Owner & transaction history

since 2024
Last sale
$1.3M
1 recorded transaction
2024
$1.3M

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
Top alternative use upside
Commercial (general) $1.3M +20.2%

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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