824 Dekalb StShelby, NC 28150

Property Details for 824 Dekalb St

Year built

1981

Property size (Sq ft)

4,566 SF

Zone code

GB

Property type

Office properties

Property subtype

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,066,876

  6.5%

  $984,808

  7%

  $914,465

• Comparable approach

  Method

  Valuation

  Relative Method

  $773,206

  Geo Method

  $773,206

• Alternative Use

  Use

  Valuation

  Residential

  $1,221,162

  Hospitality

  $1,118,578

  Educational

  $930,644

  Medical

  $962,650

  Retail

  $1,447,668

Location Insight

City

Shelby

County

Cleveland

State

North Carolina

Latitude

35.2787

Longitude

-81.5384

CBSA code

43140

CBSA name

SHELBY, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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