Financial
Distress signals
Property profile

190 Wal Mart Dr Shelby, NC 28150

OFF-MARKET
Warehouses
Property ID
US53-3137486
99,594 SF 247.03 ac lot Built 2002
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$507k
Tax billed · 2024
Assessed value · 2023$39.07M
Assessed land$597k
Assessed improvement$38.47M
Effective rate1.30%

Value estimate

· Sep 2026
$8.98M
$8.08M – $9.87M
CAP approach$11.29M
Sales comparison$8.17M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$53/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$27 – $82

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LI
The LI light industrial district is primarily intended to accommodate limited manufacturing, warehousing, wholesaling and related commerc...
General categoryINDUSTRIAL
JurisdictionCLEVELAND

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.0
Dental Office8.5
Wholesale Shop8.4

Location

190 Wal Mart Dr Shelby, NC 28150
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
212 Commerce Ctr, Shelby, NC 28150 $8,075,000 Mar 2024 81,652 SF
101 Main, Shelby, NC 28150-7961 $1,625,000 Nov 2023 44,982 SF
1101 Airport, Shelby, NC 28150-3640 $1,016,000 Jun 2023 51,000 SF
230 Best, Shelby, NC 28150-3704 $1,299,000 Jan 2022 27,850 SF
2312 Randolph, Shelby, NC 28150-7785 $925,000 Sep 2020 50,000 SF
199 Old Ml, Shelby, NC 28150-9320 $300,000 May 2020 24,487 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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