Property profile

824 S Dekalb St Shelby, NC 28150

FOR SALE
Office buildings
Property ID
US53-2693365
4,566 SF Built 1981
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Total area 4,566 SF
Zoning code GB
APN 19645
UPID US53-2693365

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
  • Loan Service Bank
  • Loan Service Bank
  • Physician Medical Clinic

Location

824 S Dekalb St Shelby, NC 28150
Shelby metro Census 951000 SHELBY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.03M
Comparable Approach Comparable
$765k
Blend (final) Blend
$220k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Zoning & alternative use

GB · Shelby, NC
Zoning description

The GB business district is established as a district in which to accommodate a wide range of retail business, professional and personal services office and limited wholesale and warehousing uses, areas zoned as GB are g…

General category COMMERCIAL
Top alternative use upside
Medical building $625,000 +4.9%

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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