Windowed Office
New
For Sale
Contact for pricing
1554-C Union Road #2, Gastonia, NC 28054
A freshly painted private office is accessed through a shared entrance and hallway, with a common restroom on the main level.
Property Size1,998 SF
Days on Market7
Property Features for 1554-C Union Road #2
General Information
Standard status
Active
Size
1,998 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Amenities
Additional parcels description:, Parcel Number: 138632, Assessed Value: $152,640
Vinyl
Listing ID: CAR4435076, Standard Status: Active, MLS Status: Active, Property Subtype: Office
Parking Lot
Built in 1998
County/Parish: Gaston
Internet
Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
1,998 SF
Year Built
1998
Listing Agency:
Carolina Property Management LLC
(704) 550-4854
Listed By:
Nancy Braun · License #183393
(704) 625-2361
Source:
Blackstreaminternational
Added: Oct 16
Changed: Oct 21
Last Checked: Oct 20 at 10:05PM
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 Carolina Property Management LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit at Union Commons measures approximately 11'7" x 15'1" and has a window. New paint refreshes the workspace. Occupants enter through a common doorway and shared hallway, and a shared restroom is located on the main level. The building dates to 1998.
The property sits on Union Road in Gastonia, with shopping, restaurants, banks, grocery stores, and other services along the corridor. Connections are available to Downtown Gastonia, Franklin Boulevard, New Hope Road, and I-85. Parking is available for occupants and visitors.
The property sits on Union Road in Gastonia, with shopping, restaurants, banks, grocery stores, and other services along the corridor. Connections are available to Downtown Gastonia, Franklin Boulevard, New Hope Road, and I-85. Parking is available for occupants and visitors.
Key Highlights
- Window office measuring approximately 11'7" x 15'1"
- Newly painted workspace
- Shared entrance, hallway, and main‑level restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,041
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,820
$700.8K
Cap Rate 7%
$500,586
$500.6K
Cap Rate 9%
$389,344
$389.3K
Market Conditions
NOI Build-Up for 1,998 SF
Gross rent
$52.0K $26.04/SF
− Vacancy
−$5.3K −$2.66/SF
EGI
$46.7K $23.38/SF
− OpEx
−$11.7K −$5.85/SF
NOI
$35.0K $17.54/SF
Area
Gaston County, NC
Vacancy
10.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,820
Cap Rate 7%
$500,586
Cap Rate 9%
$389,344
Alternative Uses
Best Use
Office B
$500.6K
$438.0K – $584.0K
NOI $35,041 @ 7.0% cap · market cap 9,101.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$628.9K
$550.3K – $733.7K
NOI $44,020 @ 7.0% cap · market cap 11,433.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Explore this area
Business Placement
Demographics for 28054, NC
40,548
Population
18,351
Households
2.2
Avg Household Size
40
Median Age
25%
College-Educated
90%
High-School Grad
19.3 sq mi
ZIP Area
2,101
Density / Sq Mi
$59,524
Median Household Income
$39,883
Median Earnings
$1,150
Median Rent
$220,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A freshly painted private office is accessed through a shared entrance and hallway, with a common restroom on the main level.
Where is this office unit located?
The property is located at 1554-C Union Road #2 Gastonia, NC.
What are key features of this property?
This property features: Window office measuring approximately 11'7" x 15'1"; Newly painted workspace; Shared entrance, hallway, and main‑level restroom
