Property profile

814 Wallace Grv Dr Shelby, NC 28150

OFF-MARKET
Office buildings
Property ID
US53-3288952
4,944 SF 11.39 ac lot Built 1976
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The Cleveland County Livestock Exchange is an operational livestock stockyard on 11.39 acres designed for efficient cattle handling, safety, and operational flow. The site layout supports truck maneuvering and direct trailer unloading into cattle holding pens, with pens, alleys, and gates arranged to sort and stage animals. An elevated catwalk runs over the yards and alleys, providing elevated visibility for inspections and auction activity. The sales auction arena includes sightlines intended to accommodate buyer viewing and provides access for handlers, with an office located adjacent to the arena and a kitchen on-site. The property includes durable, serviceable working surfaces with drainage designed to support yard operations. Utilities are available, and there is parking for both buyers and haulers. The acreage includes room to expand pen capacity, add specialty lanes, or stage equipment, and the site is located in Cleveland County with facilities suited to livestock marketing and cattle handling operations.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1976
Total area 4,944 SF
Lot 11.39 ac (496,148 SF)
Zoning code LI
APN 24513
UPID US53-3288952

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Agricultural Supply
  • Agricultural Supply
  • Department Store

Location

814 Wallace Grv Dr Shelby, NC 28150-9213
Shelby metro Census 950800 SHELBY, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2020
Last sale
$350,000
5 recorded transactions
2021
Price N/A
2020
$350,000
2015
$350,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LI · Shelby, NC
Zoning description

The LI light industrial district is primarily intended to accommodate limited manufacturing, warehousing, wholesaling and related commercial and service activities which have little or no adverse impact upon adjoining re…

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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