601 Dekalb StShelby, NC 28150

  • Land
  • 0.92 AC
For Sale
$270,000 View listing

Property Details for 601 Dekalb St

Lot size
0.92 AC
Zone code
GI
Property type
Land
Property subtype
Other industrial land
APN
19067
APU
19067

Description

This exceptional 1.92-acre commercial lot presents a unique investment opportunity in Shelby, NC. Ideally situated at 601 N Dekalb Street, this property boasts significant road frontage—over 181 feet on North Dekalb Street and over 133 feet on Schenck Street, ensuring high visibility and accessibility. The land is currently vacant and grassy, offering a blank canvas for development. Zoned GI (General Industrial), this versatile parcel allows for a wide range of uses, including many retail, business, and wholesale occupancies. Its strategic location just 400 feet south of Atrium Cleveland Regional Medical Center provides excellent proximity to a major healthcare facility and its associated traffic. The potential for a Seaboard Coastline Railroad spur connection adds further value and logistical advantages. All utilities are readily available, simplifying the development process. This property's combination of size, location, zoning, and potential makes it an attractive proposition for investors and developers seeking a prime location in a growing area. The significant road frontage offers exceptional exposure, while the proximity to the medical center ensures a steady flow of potential customers. This is a rare opportunity to acquire a substantial commercial lot with significant development potential in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,764,467
    Hospitality
    $9,860,194
    Educational
    $8,203,566
    Medical
    $8,485,699
    Retail
    $12,761,102
601 Dekalb St, Shelby, North Carolina

Location Insight

City
Shelby
County
Cleveland
State
North Carolina
Latitude
35.2984
Longitude
-81.5359
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
$2,140
$177,565
-
$177,565
-
$177,565
-
$177,565

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