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Property profile & analytics
OFF-MARKET
Office buildings
814 Wallace Grv Dr, Shelby, NC 28150-9213
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-3288952
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cleveland County Agriculture & Livestock Exchange Agricultural Supply
-
Shelby Livestock Yard Inc Agricultural Supply
-
Select Bull and Replacement Female Sale Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Vale Enterprises LLC · 5 yrs held
Vale Enterprises LLC
since 2020
Last sale
$350,000
5 recorded transactions
Zoning & alternative use
LI · Shelby, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Shelby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelby submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$3,553
Tax year 2024
Assessed value
$446,917
Assessed 2023
Previous assessed
$446,917
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$121,145
Assessed improvement
$325,772
Land market value
$121,145
Improvement market value
$325,772
Total market value
$446,917
Applied tax rate
51.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1976
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
4,944 SF
Lot
11.39 ac (496,148 SF)
Zoning code
LI
APN
24513
UPID
US53-3288952
Jurisdiction
CLEVELAND
Zoning & alternative use
LI · Shelby, NC
Zoning LI · permitted uses
LI · Shelby, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shelby. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Lot
11.39 ac
Current owner
From public records · entity-resolved
Vale Enterprises LLC
Entity
Mailing address
3512 WELLMAN RD, VALE, NC 28168-7575
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2021
—
Vale Enterprises LLC
—
Deed
related
$300,000 · The First Bank & Trust Co
Sep 14, 2020
$350,000
Vale Enterprises LLC
Mcbee Partners LLC
Warranty Deed
$350,000 · Truist Bank
Jul 20, 2015
$350,000
Mcbee Partners LLC
Eatmon,al M & Linda W
Warranty Deed
$175,000 · Farm Credit Svcs
—
—
Albert M Eatmon
—
Deed Of Trust
related
$285,000 · Ventures Aragorn
—
—
Albert M Eatmon
—
Deed Of Trust
related
$152,000 · First National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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