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Property profile & analytics
FOR SALE
Commercial real estate

801 E Grover St Shelby, NC 28150

3 ac lot
Property ID
US53-2843163
801 E Grover St, Shelby, NC 28150 For Sale
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801 E Grover St, Shelby, NC 28150
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Property summary
AI-generated overview

This exceptional 3,600 square foot restaurant space is located in the bustling Paradise Plaza off Cave Creek Road, boasting 29,012 vehicles per day. Situated within a larger 22,198 square foot building, this second-generation restaurant offers a customizable layout and significant potential for a large outdoor patio, capitalizing on the high visibility and accessibility from this heavily trafficked road. The C-2 zoning ensures flexibility for various restaurant concepts. Ample parking is available for patrons, and the proximity to other businesses guarantees a consistent flow of potential customers. This turnkey opportunity is perfect for restaurateurs seeking a thriving location to establish or expand their culinary venture. The property features a single-tenant occupancy and is identified by APN 214-66-008. This is a rare chance to secure a prime restaurant location in a high-demand area. The existing infrastructure provides a solid foundation for immediate occupancy and customization to suit individual needs. Don't miss this chance to establish your restaurant in a vibrant and successful commercial center.

Property profile
Verified
Property type Commercial real estate
Lot 3 ac (130,680 SF)
UPID US53-2843163
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
  • City of Shelby Water Treatment Plant Public Utility Fire Station
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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