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    FOR SALE
    Office buildings

    824 S Dekalb St, Shelby, NC 28150

    4,566 SF Built 1981
    Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US53-2693365
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Union Home Mortgage Loan Service Bank
    • Homestar Financial Corporation Loan Service Bank
    • Miranda Brown-Meaders Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.03M
    Comparable Approach Comparable
    $765k
    Blend (final) Blend
    $810k
    Owner & transaction history
    Webb Rentals Of Shelby LLC · 9 yrs held
    Webb Rentals Of Shelby LLC
    since 2017
    1 recorded transaction
    2017
    Zoning & alternative use
    GB · Shelby, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $625,000 +4.9%
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    More about this property
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