601 N Dekalb St, Shelby, NC 28150
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GI · Shelby, NCShelby. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.