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Property profile

3508 Robinson Cir Gastonia, NC 28056

OFF-MARKET
Retail properties & Spaces
1,800 SF 2.73 ac lot Built 1977
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1977
Total area 1,800 SF
Lot 2.73 ac (118,919 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3508 Robinson Cir Gastonia, NC 28056
Gastonia metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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