For Sale
$325,000

1772 Lafayette St Shelby, NC 28152

High-traffic, 2.95-acre commercial lot

Overview

Added:
Dec 11, 2024
Days on market:
137
Prime 2.95-acre commercial land located at the highly visible, four-way signalized intersection of US Hwy 18 South (S. Lafayette St.) and College Avenue in Shelby, North Carolina. This cleared and level lot requires no demolition and boasts 639 feet of road frontage on Hwy 18 South and College Road, plus 172 feet on Oxford Circle. Zoned CPD, it's ideal for commercial or multi-family development. The property consists of five parcels (#30177, 30176, 30181, 30190, 30191) within Shelby city limits, offering exceptional visibility and accessibility. Four existing curb cuts are in place. High traffic counts are confirmed by NCDOT 2020 AADT data (11,500+9,000+8,900+5,500 vehicles per day). A NCDENR "No Further Action" letter is on file, ensuring a streamlined development process. This exceptional location presents a rare opportunity for significant return on investment. The property's size and strategic location make it an attractive proposition for developers seeking high-impact commercial or multi-family projects. Don't miss this chance to acquire a highly desirable commercial property in a thriving North Carolina market.

Property Details for 1772 Lafayette St

Property type
Land
Lot Size (sq. ft)
128,502 SF

Location Insight

City
Shelby
County
Cleveland
State
North Carolina
Latitude
35.2576867
Longitude
-81.5642487

FAQs

What type of property is this?
Land - High-traffic, 2.95-acre commercial lot
Where is the land located?
The property is located at 1772 Lafayette St Shelby, NC.
What is the asking price?
The asking price for this property is $325,000.
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1772 Lafayette St
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