938 Grv St Shelby, NC 28152-6850
Property profile & analytics
938 Grv St Shelby, NC 28152-6850
- Drive through restaurants
- 1,170 SF
Property ID
US53-2650428
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Checkers / Restaurant
Property Details for 938 Grv St
- Year built
- 2003
- Property size
- 1,170 SF
- Zone code
- GB
- Property type
- Drive through restaurants
- APN
- 20871
- APU
- 20871
Description
This 1,170 sq ft vacant retail space, previously a Checkers, is available for lease or sale in Shelby, NC. Located on a 0.4-acre lot with prime frontage on US 74 (East Dixon Blvd), this Class B building boasts an exceptional location with an annual average daily traffic count of 40,000 vehicles. Built in 2003 and renovated in 2022, the single-story building features eight parking spaces and is zoned GB. The Shelby retail market shows a low 2.9% vacancy rate, with rent growth exceeding the national average. This property is ideal for a quick-service restaurant (QSR) due to its drive-thru potential and is situated within a thriving commercial corridor offering easy access to major amenities and surrounding areas. The surrounding area boasts a strong demographic profile, with over 25,000 residents within a 3-mile radius and projected growth of over 11,000 households by 2028. Average household income within a 1-mile radius exceeds $61,000, and average household food and alcohol spending surpasses $6,338 within a 3-mile radius. This presents a unique opportunity to capitalize on a robust retail market with high demand and significant growth potential. The property's location on Shelby's principal thoroughfare ensures high visibility and accessibility, making it an attractive investment for a QSR operator seeking a prime location in a thriving market. The building's recent renovation ensures a move-in ready condition, minimizing upfront costs and maximizing return on investment. This is an exceptional opportunity to establish or expand a successful business in a high-growth area.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Shelby
- County
- Cleveland
- State
- North Carolina
- Longitude
- -81.5244
- Latitude
- 35.2739
- CBSA code
- 43140
- CBSA name
- SHELBY, NC MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,739
$104,400
$122,938
$227,338
-
$104,400
$122,938
$227,338
