Single-Story
New
For Sale
$895,000
202 W Trade St, Dallas, NC 28034
B-3 zoning and a compact, single-level layout shape the property’s retail configuration.
Property Size2,526 SF
Price / SF$354.32
Days on Market3
Property Features for 202 W Trade St
General Information
Standard status
Active
Size
2,526 SF
Property subtype
Retail
Zoning
B-3
Building Details
Building Size
2,526 SF
Year Built
1972
Buildings
1
Stories
1
Listing Agency:
Divaris Real Estate - Hampton Roads
Listed By:
Levi Thomson
(757) 675-9132
Source:
Divaris
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 21 at 2:08AM
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 Divaris Real Estate - Hampton Roads
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Investment Insights
Based on property information with market context.
This single-story storefront contains 2,526 square feet and was built in 1972. The property is zoned B-3 and identified as Class B construction, with a straightforward retail layout.
Key Highlights
- 2,526‑square‑foot single‑story storefront
- Built in 1972
- Zoned B‑3
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,011
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,220
$620.2K
Cap Rate 7%
$443,014
$443.0K
Cap Rate 9%
$344,567
$344.6K
Market Conditions
NOI Build-Up for 2,526 SF
Gross rent
$47.9K $18.96/SF
− Vacancy
−$3.6K −$1.42/SF
EGI
$44.3K $17.54/SF
− OpEx
−$13.3K −$5.26/SF
NOI
$31.0K $12.28/SF
Area
Gaston County, NC
Vacancy
7.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,220
Cap Rate 7%
$443,014
Cap Rate 9%
$344,567
Alternative Uses
Best Use
Retail
$443.0K
$387.6K – $516.9K
NOI $31,011 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$795.0K
$695.7K – $927.6K
NOI $55,653 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
70k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 55%
Shops & Services 35%
Dining 10%
Ingles
Groceries
39,066 visits/mo
0.4 miles
7-Eleven
Shops & Services
14,335 visits/mo
0.4 miles
Truist
Shops & Services
5,480 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
4,840 visits/mo
0.4 miles
Penn Station East Coast Subs
Dining
4,308 visits/mo
0.3 miles
Demographics for 28034, NC
19,258
Population
8,085
Households
2.4
Avg Household Size
39
Median Age
16%
College-Educated
86%
High-School Grad
45.6 sq mi
ZIP Area
422
Density / Sq Mi
$59,969
Median Household Income
$42,804
Median Earnings
$841
Median Rent
$221,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Gaston Floral Gardens — 114 E Trade St, Dallas, NC 28034
Frequently Asked Questions
What type of property is this?
Storefront property - B-3 zoning and a compact, single-level layout shape the property’s retail configuration.
Where is this storefront property located?
The property is located at 202 W Trade St Dallas, NC.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 2,526‑square‑foot single‑story storefront; Built in 1972; Zoned B‑3
