3508 Robinson Cir Gastonia, NC 28056
- Retail properties
- 1,800 SF
- 2.73 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3508 Robinson Cir
- Year built
- 1977
- Lot size
- 2.73 lot acres
- Property size
- 1,800 SF
- Property type
- Retail properties
Description
This exceptional Gastonia, NC retail property, located at 3508-3510 Robinson Cir, presents a compelling investment opportunity. The 1,800 square foot building, constructed in 1977, sits on a substantial lot ranging from 2.73 to 6.08 acres and is zoned I2 (Hi - Heavy Industrial). Currently leased for $424,000 annually (net-net) with a 2% annual escalation clause, the tenant has three years remaining on a five-year lease. The asking price is $7,900,000, translating to $4,388.89 per square foot. The property boasts significant advantages including ample outside storage and truck parking, a highly desirable feature for many businesses. Its location within an Opportunity Zone offers potential tax advantages for investors. A unique benefit is the inclusion of a grandfathered unlimited car auto deal sales license. Furthermore, recent appraisal, survey, and environmental reports are readily available for due diligence. This property offers a strong combination of income generation, location benefits, and unique features, making it an attractive investment prospect in the thriving Gastonia market. The single-story building provides efficient use of space and easy accessibility. The substantial lot size allows for future expansion or development possibilities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gastonia
- County
- Gaston
- State
- North Carolina
- Longitude
- -81.1666
- Latitude
- 35.201
