Back to Search
New Gastonia Warehouse with Office

1704 Overman Avenue Gastonia, NC 28052

Claim this Listing
For Sale
$450,000

New construction warehouse with two-story office space in Gastonia.

Property size:
1,932 SF
Price / SF:
$232.92/SF
Added:
May 15, 2025
Days on Market:
426
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 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


Investment Insights

Based on property information with market context.

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.

Key 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.

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 (±1% cap)
NOI $33,883 @ 7.0% cap · market cap 7.53%
Second Best
Warehouse
$200.6K
$175.5K – $234.0K (±1% cap)
NOI $14,041 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$608.1K
$532.1K – $709.4K (±1% cap)
NOI $42,566 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Building Supply Spa & Massage Center Hair Salon Gym & Fitness Center Storage Facility Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • CubeSmart Self Storage — 1005 Linwood Rd, Gastonia, NC 28052
  • Linwood Self Storage — 700 Linwood Rd, Gastonia, NC 28052

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.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message