804 Grover StShelby, NC 28150

  • Land
  • 4,343 SF
For Sale
$375,000 View listing

Property Details for 804 Grover St

Year built
1952
Lot size
1.09 AC
Property size (Sq ft)
4,343 SF
Zone code
LI
Property type
Land
Property subtype
Other industrial land
APN
20006
APU
20006

Description

This 1.455-acre commercial land parcel in Shelby, North Carolina, presents a compelling investment opportunity. Located at 804 E Grover St, 28150, this level, grassy site boasts triple road frontage: 173 feet on East Grover Street, 262 feet on Julius Street, and 75 feet on Buffalo Street (rear access). The property is zoned NB (Neighborhood Business), allowing for a wide range of commercial uses, including the possibility of a drive-thru window. All city utilities are readily available. Its prime location is just half a mile from Cleveland Regional Medical Center (Atrium Health) and 200 feet south of a four-way signalized intersection at Wyke Road, ensuring high visibility and accessibility. The average daily traffic count ranges from 11,500 to 14,500 vehicles. The site offers ample parking for 50 vehicles and is considered virtually "shovel-ready," making it ideal for quick development. The seller will consider build-to-suit options for qualified tenants. The property's APN is 20006. The asking price is $375,000, representing a land value of $120,875 per acre.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,161,522
    Hospitality
    $1,063,948
    Educational
    $885,192
    Medical
    $915,635
    Retail
    $1,376,965
804 Grover St, Shelby, North Carolina

Location Insight

City
Shelby
County
Cleveland
State
North Carolina
Latitude
35.3051
Longitude
-81.524
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
$1,457
$120,875
-
$120,875
-
$120,875
-
$120,875

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