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Property profile & analytics
OFF-MARKET
Retail space

519 Carolina Ave Shelby, NC 28150-4511

3,750 SF 0.22 ac lot Built 1946
Individually Owned Absentee Owner Free & Clear
Property ID
US53-2901159
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1946
Total area 3,750 SF
Lot 0.22 ac (9,675 SF)
Zoning code NB
APN 17380
UPID US53-2901159
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
  • Simm's Restaurant Restaurant
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
GEORGE DAVID SIMS
GEORGE DAVID SIMS
Zoning & alternative use
NB · Shelby, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The NB neighborhood business district is established as a district in which to allow small, limited retail service land uses that provide goods and services primarily to surrounding residential neighborhoods, permitted residential uses include single family detached dwellings, modular homes, apartments, townhomes and condominiums, residential uses are permit…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 85.06 ac
Source Realmo
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