619 E Price Avenue Gastonia, NC 28054
619 E Price Avenue, Gastonia, NC, 28054
$599,000
For Sale
$599,000
Office buildings
Property Size2,806 SF
Lot Size2.18 Acres
Price / SF$213.47
Days on Market302
Property Features for 619 E Price Avenue
General Information
- Standard status
- Active
- Size
- 2,806 SF
- Lot size
- 2.18 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1968
Listing Agency
VICKIE SPURLING REALTY INC
(704) 445-4888
Listed by
VICKIE SPURLING · License #164716
Source
Corcoran
Added: Sep 22, 2025 Checked: Jul 19 at 4:11 am
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 VICKIE SPURLING REALTY INC
Investment Insights
Based on property information with market context.
Key Highlights
- Located in the
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 | $73.1k | $26.04 |
| − Vacancy | −$7.5k | −$2.66 |
| EGI | $65.6k | $23.38 |
| − OpEx | −$16.4k | −$5.85 |
| NOI | $49.2k | $17.54 |
2,806 SF · lease $26.04/SF/yr · vacancy 10.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$703.0K
$615.1K – $820.2K
NOI $49,211 @ 7.0% cap · market cap 8.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$883.2K
$772.8K – $1.03M
NOI $61,822 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Southeastern Systems
Electronics & Wireless Store
True Vine Restoration ...
Church
Precision Comfort Specialists
Hardware & Home Improvement
Pendergrass Transport
Trucking Company
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FAQs
Where is this office building located?
The property is located at 619 E Price Avenue Gastonia, NC.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Located in the
