Free Standing Store at Shelby
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AERIAL PHOTO - Shelby
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10 photos

$700,000

Shelby, NC 28152
Listed by Donald Peeler · RE/MAX Select
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2002

About this home

HI-VISIBILITY / HI-TRAFFIC DOLLAR GENERAL STORE - 75 FEET FROM 6-WAY SIGNALIZED INTERSECTION - 8190 SQ. FT., BUILT YEAR 2002 - CORPORATE DG BACKED LEASE ; Current Modified NNN Lease @ $55,788 GROSS INCOME ANNUALLY *Includes Property Tax, Parking Lot Maintenance and Insurance reimbursement* Current CAP Rate = 8.3% *STORE IN VERY GOOD CONDITION, LOCALLY OWNED AND MAINTAINED SINCE YEAR BUILT IN 2002 ; NEW DG SIGNAGE YEAR 2025. **YEAR 2024 NCDOT AVERAGE DAILY TRAFFIC = BETWEEN 33,000 AND 30,000 VEHICLES PER DAY PASS IN FRONT OF THIS PROPERTY

Property details

MLS #
CAR4382694
Property type
Free Standing Store
Subdivision
N/A
Status
Active
Days on market
3
On market date
May 16, 2026
Stories
1
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Marion Elementary
2.3 mi away · Grades -1-4
Zoned school (attendance boundary, 2015-16 data)
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
220
Student:teacher ratio
11.6:1
District
Cleveland County Schools
Middle
Shelby Intermediate
0.74 mi away · Grades 5-6
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
412
Student:teacher ratio
13.7:1
District
Cleveland County Schools
High
Cleveland ECHS
0.74 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
215
Student:teacher ratio
21.5:1
District
Cleveland County Schools

Walkability

Blended score for Shelby's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

50
Somewhat walkable
out of 100
EPA National Walkability Index
9.0 / 20 -- Below average walkable
Google Places amenity density
57 / 100
Restaurants & cafes19
Grocery stores2
Parks0
Schools2
Transit stops2
Pharmacies0

Market position

How this listing compares to current activity in Shelby, from live MLS data.

On the market 3 days -- 96 fewer days than Shelby's current average of 99 days.
For reference, the median list price across 284 active listings in Shelby right now is $289,250.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,365/mo
$140,000 down
$560,000 loan
Principal & interest$3,632
Property tax (est.)$583
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.