New Gastonia Warehouse with
1704 Overman Avenue, Gastonia, NC 28052
New construction warehouse with two-story office space in Gastonia.
Property size:
1,932 SFPrice / SF:
$232/SF- Added:
- May 15, 2025
- Days on Market:
- 380
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 1704 Overman Avenue
General Information
- Standard status
- Active
- Size
- 1,932 SF
Building Details
- Year Built
- 2025
Listing agent CHRISTINA CHUBACHUK
Listing office AKIN REALTY LLC
Listing date May 15, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of AKIN REALTY LLC
HighLights
- Brand new construction warehouse with flexible options: Rent to Own or Leasing.
- Located in rapidly growing Gastonia, ideal for business headquarters.
- Zoned C3 corner lot with over 1,900 sq ft and expanded parking potential.
- Two‑story office space with modern finishes, open floor plan, kitchenette, and conference room.
- Warehouse with 23–27 ft ceiling heights and one 12’ x 14’ grade‑level door.
- Fenced concrete side yard for additional storage or workspace.
Overview
This new construction warehouse is located in Gastonia. Zoned C3 and situated on a corner lot, the property offers over 1,900 square feet of space. The property is suitable for various business uses. The two-story office space features large windows for natural light, modern finishes, and an open floor plan. It also includes a kitchenette and a spacious conference room. The warehouse provides ceiling heights from 23 to 27 feet, one 12’ x 14’ grade-level door, a separate bathroom, and energy-efficient LED lighting. A fenced concrete side yard offers additional storage or workspace. The corner location allows for expanded parking potential.
Local Financial Insights For Office B
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 | $50.3k | $26.04 |
| − Vacancy | −$5.1k | −$2.66 |
| EGI | $45.2k | $23.38 |
| − OpEx | −$11.3k | −$5.85 |
| NOI | $33.9k | $17.54 |
1,932 SF · lease $26.04/SF/yr · vacancy 10.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$484.0K
$423.5K – $564.7K
NOI $33,883 @ 7.0% cap · market cap 7.53%
Second Best
Warehouse
$200.6K
$175.5K – $234.0K
NOI $14,041 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$608.1K
$532.1K – $709.4K
NOI $42,566 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar Places Nearby
- CubeSmart Self Storage — 1005 Linwood Rd, Gastonia, NC 28052
- Linwood Self Storage — 700 Linwood Rd, Gastonia, NC 28052
Location Insight
- Map
- Local Demand
- City
- Gastonia
- County
- Gaston
- State
- North Carolina
- Longitude
- -81.2122
- Latitude
- 35.2608
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - New construction warehouse with two-story office space in Gastonia.
Where is this warehouse located?
The property is located at 1704 Overman Avenue Gastonia, NC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Brand new construction warehouse with flexible options: Rent to Own or Leasing.; Located in rapidly growing Gastonia, ideal for business headquarters.; Zoned C3 corner lot with over 1,900 sq ft and expanded parking potential.
