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Property summary
Exceptional investment opportunity: a 4,600 square foot auto shop in Shelby, NC, boasting a strong 7.00% cap rate and a brand new 10-year lease with Classic Collision, a reputable company operating over 310 locations. The property, located at 1863 E Dixon Blvd, sits on a 1.3-acre lot and benefits from a prime location on highly trafficked US-74 (40,500+ vehicles per day), ensuring high visibility and accessibility. The lease, commencing October 1, 2024, and expiring October 1, 2034, includes… a corporate guarantee and built-in 2% annual rent increases, providing excellent protection against inflation. The asking price is $943,000, translating to $205 per square foot. The property's Net Operating Income (NOI) is $66,000. Built in 1968, this single-tenant property requires minimal landlord responsibilities. The lease includes three 5-year renewal options. The property enjoys excellent proximity to numerous dealerships (Renaldo Honda, Kia, Discovery Nissan, Classic Ford Lincoln, Marburger Chrysler Dodge Jeep RAM), a regional shopping mall, and national retailers (McDonald's, Sunbelt Rentals, Hobby Lobby, Advance Auto Parts, Sherwin Williams, Harbor Freight), as well as Cleveland Community College. Furthermore, a significant development project, Blanton Farm, is underway, adding hundreds of residential units and commercial/industrial spaces along US-74, promising future growth and increased property value. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 10 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 4,640 SF
- Lot area
- 1.35 ac
- Year built
- 1968
- Stories
- 1
- APN
- 22267
- Zoning
- GB
- Assessed value · 2023
- $270,907
- Annual tax · 2024
- $3,264
- Medical Building
- Office Building
- Auto Repair, Garage · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
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…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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