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    2601 Stage Coach Trl Shelby, NC 28150
    Property profile & analytics

    2601 Stage Coach Trl Shelby, NC 28150


    • Outlet malls
    • 10,488 SF
    • 1.10 lot acres
    Off-Market
    Last Sale Jul 17, 2023
    $1,825,000
    Property ID
    US53-2539377
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,490,000
    Show details
    Cap Rate Potential
    8.5%
    Outlet malls
    Location Intelligence

    Current Use by Public Records

    • Family Dollar / Discount Store

    Property Details for 2601 Stage Coach Trl

    Year built
    2022
    Lot size
    1.10 lot acres
    Property size
    10,488 SF
    Zone code
    AA3
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    33107
    APU
    33107

    Description

    This exceptional investment opportunity presents a newly constructed 10,500 square foot Dollar Tree/Family Dollar combo store located at 2601 W Stage Coach Trail, Shelby, NC 28150. The property sits on a 1.25-acre lot and boasts a 100% occupancy rate since its opening on January 12, 2023. The current lease, a Net Lease (NN) with a corporate guarantee from Family Dollar Stores, Inc., has a remaining term of 8.2 years, extending to January 31, 2033, with six, five-year renewal options, each including rent bumps. The property generates a substantial Net Operating Income (NOI) of $120,018, resulting in a 7.00% capitalization rate. The asking price is $1,715,000, translating to a price per square foot of $163.33. This investment is structured for a 1031 exchange. The property benefits from its strategic location in a thriving community, drawing from a large trade area encompassing major cities such as Charlotte, Asheville, and Greenville/Spartanburg. The high traffic counts on W Stage Coach Trail and Polkville Road, coupled with the potential for continued demographic and income growth in the area, make this a compelling investment prospect. The recession-resistant nature of the essential retail businesses further enhances its long-term stability and profitability.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,480,000
      ML approach
      $1,415,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,095,000
      6.5%
      $1,935,000
      7%
      $1,795,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $916,000
      Market price range: $227k - $1.23M
      AI Estimate
      $1,046,000
      Market price range: $369k - $1.32M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $2,075,000
      MEDICAL BUILDING
      $1,440,000
      OFFICE BUILDING
      $1,375,000
      AUTO REPAIR, GARAGE
      $1,290,000
      COMMERCIAL (GENERAL)
      $1,145,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Shelby
    County
    Cleveland
    State
    North Carolina
    Longitude
    -81.6457
    Latitude
    35.4159
    CBSA code
    43140
    CBSA name
    SHELBY, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,506
    $37,500
    $477,499
    $514,999
    -
    $37,500
    $477,499
    $514,999
    More about this property
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