824 S Dekalb St Shelby, NC 28150
- Office buildings
- 4,566 SF
Current Use by Public Records
- Union Home Mortgage / Loan Service / Bank
- Homestar Financial Corporation / Loan Service / Bank
- Miranda Brown-Meaders / Physician / Medical Clinic
Property Details for 824 S Dekalb St
- Year built
- 1981
- Property size
- 4,566 SF
- Zone code
- GB
- Property type
- Office buildings
- APN
- 19645
- APU
- 19645
Description
This exceptional 4,587 square foot office building presents a unique investment opportunity in Shelby, North Carolina. Strategically located on a corner lot at the intersection of Dekalb Street, Earl Road, and Highway 74, this property boasts unparalleled visibility and accessibility. The building features eleven generously sized offices, a welcoming reception and waiting area, a large conference room perfect for client meetings or staff gatherings, and three bathrooms for convenience. A well-equipped kitchenette and multiple storage rooms or smaller offices provide ample space for various needs. Access is effortless with two convenient entrances from Dekalb and Earl Roads, ensuring smooth traffic flow. Ample parking is available with over 30 spaces surrounding the building on three sides, complemented by two private entrances and a dedicated side delivery entrance. The meticulously maintained landscaping enhances the property's curb appeal, while a security system and handicap accessibility cater to safety and inclusivity. Currently utilized as a mortgage office, this versatile space is ideally suited for a variety of professional uses, including law firms, accounting offices, dental practices, or counseling centers. The one-acre lot provides ample space and the building's prime location ensures high visibility and easy access for clients and employees. This is a rare opportunity to acquire a well-maintained, high-profile office building in a thriving location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,110,000
- 6.5%
- $1,025,000
- 7%
- $955,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $765,000
- AI Estimate
- $644,000
Market price range: $256k - $971kMarket price range: $226k - $881k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $600,000 Current use
- MEDICAL BUILDING
- $625,000 Change: +5% Conversion: Easy
- AUTO REPAIR, GARAGE
- $560,000 Change: -6% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $500,000 Change: -17% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Shelby
- County
- Cleveland
- State
- North Carolina
- Longitude
- -81.5384
- Latitude
- 35.2787
- CBSA code
- 43140
- CBSA name
- SHELBY, NC MICROPOLITAN STATISTICAL AREA