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Property profile & analytics
OFF-MARKET Estimated value $745,000
Medical Office Space

808 Schenck St Shelby, NC 28150-3934

6,798 SF Built 1967
Entity Owned Free & Clear
Property ID
US53-2564316
Property summary
AI-generated overview

This exceptional Class A medical office building, totaling 12,745 square feet, is situated on a 1.8-acre lot in Shelby, North Carolina's hospital submarket. Built in 1967 and renovated in 1983, the two-story building offers high visibility and ample parking (48 spaces). The property is zoned RO and features two suites, with a minimum divisible space of 5,947 square feet and a maximum contiguous space of 12,745 square feet. Currently, the entire 12,745 square feet is vacant. The upper level encompasses approximately 6,798 square feet, including office areas, a reception area, and physician offices. The lower level offers approximately 5,947 square feet of additional office space, a waiting area, and exam rooms. Its prime location near the intersection of Grover and Dekalb Streets, with easy access to Highway 74, and proximity to Atrium Health Hospital and Shelby Medical Associates PA, makes this an ideal location for a healthcare practice seeking high visibility and convenient access for patients. The building's features and location offer a unique opportunity for a medical practice to establish or expand its presence in a thriving healthcare community.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1967
Total area 6,798 SF
Zoning code RO
APN 18988
UPID US53-2564316
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
  • Cleco Primary Care Network Physician
  • CLECO Medical Center Of Shelby Medical Clinic
  • Dr. Alan V. Jubane, MD Pediatrician Physician
  • Martin Mark a MD Physician
  • Cynthia A. Johnson, FNP Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$745k
Owner & transaction history
DELTA PROPERTIES INC
DELTA PROPERTIES INC
Zoning & alternative use
RO · Shelby, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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