Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    916 Cox Rd Gastonia, NC 28054

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $24 SF/Yr ($2,238 /Mo)

    25,000 SF neighborhood center on Cox Road.

    Property size:
    1,119 SF
    Lot size:
    5.25 Acres

    Property Features for 916 Cox Rd

    General Information

    Size
    1,119 SF
    Lot size
    5.25 Acres

    We can help!

    Listing Contact
    Tiffany Slayden
    Source: Moodyscre

    Listing Agent: Tiffany Slayden

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in Gastonia Center

    The Arboretum at Cox Road is a 25,000 square-foot neighborhood center situated along the heavily traveled Cox Road corridor in Gastonia, North Carolina. The property is anchored by several large medical-office tenants, including Piedmont Urology and Novant Imaging, which is part of Novant Health. Flagship rent is $24.00 – $25.00. Available space is 1,119 square feet.
    Location Intelligence

    Current Use by Public Records

    Subway Caterer Hanger Clinic: Prosthetics ... Orthotics & Prosthetics Service PROMAN Employment Agency ABS Kids Mental Health Clinic Delighted Portable Toilets ... Portable Toilet Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gastonia
    County
    Gaston
    State
    North Carolina
    Longitude
    -81.1342116
    Latitude
    35.2752829

    Nearby Similar for Lease

    • New
      $3,995 /Mo
      20,038 SF

      Restored Office Space in Gastonia

      Historic office space with modern amenities in Gastonia, NC.
      402 S Chester St, Gastonia, NC 28052
      View Details
    • $699 /Mo
      87,991 SF

      Gastonia Office & Retail Space

      Office and retail spaces for rent in a prime location.
      4503 Wilkinson Blvd, Gastonia, NC 28056
      View Details
    • $20 SF/Yr
      120,226 SF

      Retail Strip Center in Gastonia

      Vibrant retail center with high visibility and ample parking.
      1600 S York Rd, Gastonia, NC 28052
      View Details
    • $4,000 /Mo
      9,583 SF

      Retail Space in Historic Gastonia

      Prime retail location in downtown Gastonia, North Carolina.
      141 W Main Ave, Gastonia, NC 28052
      View Details
    • $4,200 /Mo
      26,136 SF

      Historic Downtown Gastonia Retail Space

      Retail property in the heart of historic downtown Gastonia.
      213 W Main Ave, Gastonia, NC 28052
      View Details
    • Contact for pricing
      37,040 SF

      Historic Kress Building in Gastonia

      Four-story, 37,042 SF building for lease in downtown Gastonia.
      110-111 W Main Ave, Gastonia, NC 28052
      View Details
    • $9 SF/Yr
      24,500 SF

      Gastonia Warehouse and Office Space

      24,500 SF warehouse and office space for lease.
      1109 E Ozark Ave, Gastonia, NC 28054
      View Details
    • $4,000 /Mo
      8,276 SF

      Gastonia Commercial Property Near FUSE

      High-visibility commercial property near Gastonia's FUSE district, adaptable for various uses.
      1001 W Franklin Blvd, Gastonia, NC 28052
      View Details
    • Contact for pricing
      15,506 SF

      Gastonia Retail/Office Space Available

      Versatile spaces suitable for retail, office, fitness, or medical use.
      230-284 E Garrison Blvd, Gastonia, NC 28052
      View Details
    • Contact for pricing
      305,760 SF

      Gastonia Warehouse and Distribution Space

      305,760 SF warehouse with ample parking and loading docks.
      1925 Wren Tpke, Gastonia, NC 28052
      View Details
    • $10 SF/Yr
      235,374 SF

      Akers Center: Gastonia Retail Space

      Gastonia retail/office space, multiple suites available.
      1467 Franklin Blvd, Gastonia, NC 28054
      View Details
    • Contact for pricing

      Retail Space in Gastonia, NC

      Retail space for lease in a high-traffic commercial area.
      Gastonia, NC 28056
      View Details

    FAQs

    What type of property is this?
    Strip mall - 25,000 SF neighborhood center on Cox Road.
    Where is this strip mall located?
    The property is located at 916 Cox Rd Gastonia, NC.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Located on heavily traveled Cox Road corridor.; - Anchored by Piedmont Urology and Novant Imaging.; - Part of Novant Health.
    (704) 906-9699
    Request Owner's contact information
    916 Cox Rd Gastonia, NC 28054
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    916 Cox Rd
    Gastonia, NC 28054
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    916 Cox Rd Gastonia, NC 28054
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tiffany Slayden
    (704) 906-9699
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.