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Property profile & analytics
OFF-MARKET
Retail space

226 Washington St Shelby, NC 28150-4667

1,702 SF 0.05 ac lot Built 1917
Individually Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US53-2492594
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1917
Total area 1,702 SF
Lot 0.05 ac (2,250 SF)
Zoning code CB
APN 17138
UPID US53-2492594
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
  • FedEx Drop Box Postal Service Courier Service
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
Arnold Gibbs · 17 yrs held
Arnold Gibbs
since 2008
1 recorded transaction
2008
$75,100
Zoning & alternative use
CB · Shelby, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The CB central business district is primarily intended to accommodate a wide variety of commercial activities, particularly those that are pedestrian oriented, in an intensive development pattern in the city central business district (CBD), the regulations of this district are intended to preserve the general character and integrity of the current developmen…

Zone name Central Business
General category CIVIC_INSTITUTIONAL
Zone area 45.34 ac
Source Realmo
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