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    Property profile & analytics
    OFF-MARKET Estimated value $1,250,000
    Turn key restaurants

    1235 Dixon Blvd, Shelby, NC 28152-6841

    5,630 SF 1.52 ac lot Built 2000
    Entity Owned Free & Clear
    Property ID
    US53-2924937
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    LIGON PROPERTIES LLC · 2 yrs held
    LIGON PROPERTIES LLC
    since 2024
    Last sale
    $1.3M
    1 recorded transaction
    2024
    $1.3M
    Zoning & alternative use
    GB · Shelby, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.3M +20.2%
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