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    Property profile & analytics

    1237 Dixon Blvd Shelby, NC 28152-6841

    • Turn key restaurants
    • 5,931 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    $890,000
    Last Sale
    Sep 30, 2021
    $900,000
    Location Intelligence
    Property ID
    US53-2510302
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dodge City Steakhouse / American Restaurant
    • Dodge City Steakhouse Shelby / Restaurant
    • Sagebrush Steakhouse / American Restaurant / Restaurant

    Property Details for 1237 Dixon Blvd

    Year built
    2000
    Lot size
    1.50 lot acres
    Property size
    5,931 SF
    Zone code
    GB
    Property type
    Turn key restaurants
    APN
    54192
    APU
    54192

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $770,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,005,000
      6.5%
      $925,000
      7%
      $940,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,040,000
      Geo Method
      $1,085,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $840,000
      Retail
      $855,000
      Mixed-Use
      $1,080,000
      Hospitality
      $1,115,000
      Educational
      $1,080,000
      Residential Income
      $1,055,000
      Energy
      $1,020,000
      Income-Based Land
      $915,000
      Food Service
      $990,000

    Location Insight

    • Map
    • Local Demand
    City
    Shelby
    County
    Cleveland
    State
    North Carolina
    Longitude
    -81.5226
    Latitude
    35.274
    CBSA code
    43140
    CBSA name
    SHELBY, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $15,596
    $392,301
    $901,968
    $1,294,269
    -
    $392,301
    $901,968
    $1,294,269

    Comparable in this City

    • Value Estimation by Request
      4,690 SF

      2003 Dixon Blvd

      RESTAURANT • 4,690 SF
      2003 Dixon Blvd, Shelby, NC 28152-6959
      View Details
    • Value Estimation by Request
      4,153 SF

      719 Dixon Blvd

      RESTAURANT • 4,153 SF
      719 Dixon Blvd, Shelby, NC 28152-6831
      View Details
    • Value Estimation
      $1,235,000
      6,275 SF

      1315 Dixon Blvd

      RESTAURANT • 6,275 SF
      1315 Dixon Blvd, Shelby, NC 28152-6843
      View Details
    • Value Estimation
      $320,000
      2,230 SF

      322 Dixon Blvd

      RESTAURANT • 2,230 SF
      322 Dixon Blvd, Shelby, NC 28152-6551
      View Details
    • Value Estimation
      $210,000
      1,920 SF

      1204 Dixon Blvd

      RESTAURANT • 1,920 SF
      1204 Dixon Blvd, Shelby, NC 28152-6842
      View Details
    • Value Estimation
      $360,000
      3,360 SF

      1206 Dixon Blvd

      RESTAURANT • 3,360 SF
      1206 Dixon Blvd, Shelby, NC 28152-6842
      View Details

    Similar Nearby for Sale

    • $1,800,000
      3.67 Acres

      Prime Commercial Land in Shelby

      3.673 acres of G-B zoned land at a high-traffic intersection.
      520 E Dixon Blvd, Shelby, NC 28152
      View Details
    • $169,900
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      Established Beauty Shop For Sale

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    • $4,827,880
      8,000 SF

      Shelby, NC Medical Office Investment

      8,000 SF NNN Medical Office, 7.5% Cap Rate
      1336 Dixon Blvd, Shelby, NC 28152
      View Details
    • $100,000

      Commercial Land Near Gardner Webb

      Commercial land near Gardner Webb University with B-1 zoning.
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    • Contact for pricing
      0.83 Acres

      Cleared Lot Ready for Building

      0.83-acre cleared, level lot near downtown Shelby, North Carolina.
      117 Ocean Dr, Shelby, NC 28152
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      351,300 SF

      Cleveland Mall Retail Spaces

      Shelby, NC: Prime Retail & Land
      2001 Dixon Blvd, Shelby, NC 28152
      View Details
    • Contact for pricing
      3,200 SF

      Prime Shelby Retail Space

      3,200 SF Vacant Retail Building
      1315 Dixon Blvd, Shelby, NC 28152
      View Details
    • Contact for pricing

      Retail Endcap Space Available

      Retail space available next to McAlister's Deli in Shelby.
      Shelby, NC 28152
      View Details
    • Contact for pricing

      Land on East Dixon Boulevard

      Land with high visibility and accessibility in Shelby's retail market.
      East Dixon Blvd, Shelby, NC 28152
      View Details
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    Shelby, NC 28152-6841
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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