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Property profile & analytics
OFF-MARKET
Manufacturing properties
1632 Dekalb St Shelby, NC 28152-8620
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US53-2544092
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2003
Total area
4,500 SF
Lot
1.17 ac (50,835 SF)
Zoning code
CPD
APN
54216
UPID
US53-2544092
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
Current use
Occupant on record · Public records
-
Trendsetters Salon & Spa Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lovelace Enterprises Of Shelby · 15 yrs held
Lovelace Enterprises Of Shelby
since 2011
2 recorded transactions
Zoning & alternative use
CPD · Shelby, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The CPD corridor protection district has as its major objectives to promote a sensitive conversion of vacant land to more urban uses support development that is compatible with and enhances the visual attractiveness of the area promote well planned, economically viable development ensure safe and efficient traffic flow and avoid uncoordinated, strip developm…
Zone name
Corridor Protection District
General category
RESIDENTIAL
Zone area
333.25 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Shelby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelby submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$3,416
Tax year 2024
Assessed value
$283,472
Assessed 2023
Previous assessed
$283,472
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$72,354
Assessed improvement
$211,118
Land market value
$72,354
Improvement market value
$211,118
Total market value
$283,472
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2003
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Total area
4,500 SF
Lot
1.17 ac (50,835 SF)
Zoning code
CPD
APN
54216
UPID
US53-2544092
Jurisdiction
CLEVELAND
Zoning & alternative use
CPD · Shelby, NCZoning CPD · permitted uses
CPD · Shelby, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The CPD corridor protection district has as its major objectives to promote a sensitive conversion of vacant land to more urban uses support development that is compatible with and enhances the visual attractiveness of the area promote well planned, economically viable development ensure safe and efficient traffic flow and avoid uncoordinated, strip development patterns, residential uses are permitted at the same density and according to the same dimensional requirements as the R6 residential district
Zone name
Corridor Protection District
General category
RESIDENTIAL
Zone area
333.25 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2003
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
Lovelace Enterprises Of Shelby
Entity
Mailing address
1632 S DEKALB ST, SHELBY, NC 28152-8620
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2011
—
Lovelace Enterprises Of Shelby
Lovelace,joseph Dean
Quit Claim Deed
related
$169,000 · Fidelity Bank
—
—
Joseph D Lovelace
—
Loan Modification
related
$169,863 · First National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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