Technical
Financial
Distress signals
Property profile

601 Dekalb St Shelby, NC 28150

OFF-MARKET
Other industrial land
Property ID
US53-2740818
0.92 ac lot
Individually Owned 16-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a vacant, grassed industrial land parcel totaling 1.924 acres, zoned GI (General Industrial). Public utilities are available on-site, and the parcel has frontage along North DeKalb Street and Schenck Street, with road frontage measuring over 181 feet on North DeKalb Street and over 133 feet on Schenck Street. The site is located approximately 400 feet south of Atrium Cleveland Regional Medical Center in Shelby, North Carolina, and the GI zoning allows a range of retail, business, and wholesale uses as permitted under the applicable zoning regulations.

Property profile

Verified
Property type Other 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

Location

601 Dekalb St Shelby, NC 28150-4118
Shelby metro Census 950900 SHELBY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2010
2 recorded transactions
2010
$180,000
2010
$180,000

Zoning & alternative use

GI · Shelby, NC
Zoning description

The GI general industrial district is primarily intended to accommodate a wide range of assembling, fabricating, manufacturing uses and support retail and service uses, the GI district is established for the purpose of p…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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