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    FOR SALE
    Industrial land

    601 N Dekalb St, Shelby, NC 28150

    0.92 ac lot
    Individually Owned 16-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-2740818
    Property summary
    AI-generated overview

    This exceptional 1.92-acre commercial lot presents a unique investment opportunity in Shelby, NC. Ideally situated at 601 N Dekalb Street, this property boasts significant road frontage—over 181 feet on North Dekalb Street and over 133 feet on Schenck Street, ensuring high visibility and accessibility. The land is currently vacant and grassy, offering a blank canvas for development. Zoned GI (General Industrial), this versatile parcel allows for a wide range of uses, including many retail, business, and wholesale occupancies. Its strategic location just 400 feet south of Atrium Cleveland Regional Medical Center provides excellent proximity to a major healthcare facility and its associated traffic. The potential for a Seaboard Coastline Railroad spur connection adds further value and logistical advantages. All utilities are readily available, simplifying the development process. This property's combination of size, location, zoning, and potential makes it an attractive proposition for investors and developers seeking a prime location in a growing area. The significant road frontage offers exceptional exposure, while the proximity to the medical center ensures a steady flow of potential customers. This is a rare opportunity to acquire a substantial commercial lot with significant development potential in a desirable location.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 0.92 ac (40,249 SF)
    Zoning code GI
    APN 19067
    UPID US53-2740818
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Robin W Hendrick · 16 yrs held
    Robin W Hendrick
    since 2010
    2 recorded transactions
    2010
    $180,000
    2010
    $180,000
    Zoning & alternative use
    GI · Shelby, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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