Gastonia Commercial Development
1114 W Franklin Boulevard W Gastonia, NC 28052
1114 W Franklin Boulevard W, Gastonia, NC, 28052
$750,000
For Sale
$750,000
COMMERCIAL - Gastonia, NC
Property Size4,656 SF
Lot Size0.89 Acres
Price / SF$161.08
Days on Market111
Property Features for 1114 W Franklin Boulevard W
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- UMU
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 106167
- Size
- 4,656 SF
- Lot size
- 0.89 Acres
Taxes and HOA fees
- Tax Description
- FIRESTONE COTTON MILLS BLK 1 L 01 039 044 00 000
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1935
- Flooring type
- Concrete
- Building materials
- Block, Brick Full
- Roof type
- Flat
Listing Agency
Premier South
(704) 829-3518
109 S Main St, Belmont, NC
Listed by
Norris Lamb · License #286038
(704) 460-4211
Added: Mar 31 Checked: Jul 19 at 7:06 am
MLS# 4359286
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial development package features five lots and two buildings situated in a growing area of Gastonia. The property offers frontage on three sides: 224.32 feet on W Franklin Blvd, 215.73 feet on S Firestone, and 127 feet on S Dalton, totaling 567.05 feet across 0.89 acres. The two buildings provide a total of 4656 square feet, with one building measuring 1872 square feet and the other 2784 square feet. Ceiling heights range from 9 to 12 feet. The property includes four bays and garage doors ranging from 8 to 11 feet in height. It is located within walking distance of the FUSE district and faces the historic Loray Mill complex, offering accessibility, visibility, and convenience. The five lots have the following PIDs: 106167, 106166, 106170, 106171, and 106165, corresponding to 1108 W Franklin, 1104 Dalton, 110 S Firestone, and Lot-Dalton.
Key Highlights
- Prime commercial development package with 5 lots and 2 buildings in a growing area of Gastonia.
- Excellent frontage with 567.05' across 3 sides: W Franklin Blvd, S Firestone, and S Dalton.
- Located within walking distance to the FUSE district and facing the historic Loray Mill complex.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $116.2k | $24.96 |
| − Vacancy | −$9.3k | −$2.00 |
| EGI | $106.9k | $22.96 |
| − OpEx | −$40.1k | −$8.61 |
| NOI | $66.8k | $14.35 |
4,656 SF · lease $24.96/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$954.6K
$835.3K – $1.11M
NOI $66,823 @ 7.0% cap · market cap 8.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,581 @ 7.0% cap · market cap 13.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Juan's Tires
Auto Repair Shop
America's Auto Care
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Five lots with two buildings in a growing Gastonia area.
Where is this mixed-use property located?
The property is located at 1114 W Franklin Boulevard W Gastonia, NC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Prime commercial development package with 5 lots and 2 buildings in a growing area of Gastonia.; **Excellent frontage with 567.05' across 3 sides**: W Franklin Blvd, S Firestone, and S Dalton.; Located within walking distance to the FUSE district and facing the historic Loray Mill complex.
