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114 Lee St 2,238 SF Office Building Shelby, NC 28150 $850,000 ($379.80/SF) 5.18% Cap Rate



Executive Summary
Prime location! Established tenant in place. Zoning RO.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,238 SF
Building Class
B
Year Built
1997
Price
$850,000
Price Per SF
$379.80
Cap Rate
5.18%
NOI
$44,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,238 SF
Building FAR
0.08
Lot Size
0.62 AC
Zoning
RO - Residential Office
Parking
22 Spaces (9.83 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Wheelchair Accessible
- Central Heating
- Wi-Fi
- Air Conditioning
- Smoke Detector
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Property Taxes
| Parcel Number | 55498 | Improvements Assessment | $397,402 |
| Land Assessment | $162,042 | Total Assessment | $559,444 |
Property Taxes
Parcel Number
55498
Land Assessment
$162,042
Improvements Assessment
$397,402
Total Assessment
$559,444
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Videos
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Presented by
Paramont
114 Lee St
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