Property profile

128 Westlee St Shelby, NC 28152

OFF-MARKET
Land
Property ID
US53-2689385
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Property summary

AI-generated overview

This exceptional commercial land parcel in Shelby, North Carolina, presents a unique investment opportunity. Located just north of the new Shelby bypass, this property offers unparalleled visibility to traffic traveling between Charlotte and Asheville. The approximately 21.54-acre parcel (subject to survey) boasts significant frontage: approximately 1,500 feet along the bypass and roughly 600 feet on Westlee Street, which conveniently connects to Highway 74 via a traffic signal. This high-traffic location ensures maximum exposure for any commercial venture. The property's size and strategic placement make it ideal for a variety of commercial developments, offering substantial potential for growth and return on investment. The asking price is $505,000. The address is 128 Westlee St, Shelby, NC 28152. This is a rare opportunity to acquire a large, highly visible commercial parcel in a rapidly growing area. Don't miss this chance to secure a prime location for your next commercial project.

Property profile

Verified
Property type Land
UPID US53-2689385

Cap rate & NOI

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

Location

128 Westlee St Shelby, NC 28152
Shelby metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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