203 3rd BrothersShelby, NC 28152

  • Retail space
  • 7,000 SF
Off market
$9,768,330 Estimated

Property Details for 203 3rd Brothers

Year built
2008
Lot size
0.98 AC
Property size (Sq ft)
7,000 SF
Zone code
GB2
Property type
Retail space
APN
60325
APU
60325

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,404,326
    6.5%
    $2,219,377
    7%
    $2,060,850
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,987,158
    Geo Method
    $2,987,158
  • Alternative Use

    Use
    Valuation
    Residential
    $1,872,128
    Hospitality
    $1,714,859
    Educational
    $1,426,742
    Medical
    $1,475,810
    Retail
    $2,219,377

Location Insight

City
Shelby
County
Cleveland
State
North Carolina
Latitude
35.2622
Longitude
-81.5558
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
$3,801
$53,703
$261,744
$315,447
-
$53,703
$261,744
$315,447

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