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    OFF-MARKET
    Commercial land

    2538 Dixon Blvd, Shelby, NC 28152-9007

    1,224 SF 6.89 ac lot Built 1992
    Individually Owned 15-yr Hold Free & Clear
    Property ID
    US53-0228469
    Property summary
    AI-generated overview

    This 6.89-acre commercial property in Shelby, North Carolina, presents a unique investment opportunity. Located on West Dixon Boulevard, this level-to-sloping lot boasts over 500 feet of high-traffic, high-visibility frontage on Highway 74 West. Currently zoned GB-2 (General Business 2), the property offers numerous potential uses. The land is mostly grassed and previously served as a corporate mobile/modular home sales and display center. City water is available, and a three-bedroom septic system is already installed. Shelby City sewer may be available upon request. Adding to its appeal, the property includes a billboard lease generating $2,500 in annual income. Situated within Shelby city limits, this location is approximately 3.67 miles due west of the Uptown Courtsquare. The property's strategic location and versatile zoning make it ideal for a variety of commercial ventures. An aerial drone video is available for viewing. The asking price is $495,000. Parcel number is 71193.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1992
    Total area 1,224 SF
    Lot 6.89 ac (299,954 SF)
    Zoning code GB2
    APN 71193
    UPID US53-0228469
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Huey L Webb · 15 yrs held
    Huey L Webb
    since 2011
    2 recorded transactions
    2011
    $125,000
    2008
    Zoning & alternative use
    GB2 · Shelby, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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