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    Property profile & analytics

    859 Dr M.l.k. Jr. Way Gastonia, NC 28054

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 859 Dr M.l.k. Jr. Way

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 3.5-acre industrial land parcel is now available for lease. Located at 859 Dr. Martin Luther King Jr. Way in Gaston County, North Carolina, this property offers a unique opportunity for businesses seeking a strategic location within the Gaston County submarket. The site is zoned I-U (Urban Industrial), allowing for a variety of industrial uses. The property's single-tenant designation provides flexibility and control for the lessee. With its convenient location and ample acreage, this site presents an ideal platform for expansion or relocation. The property is ready for immediate development, offering significant potential for businesses seeking to establish or expand their operations in a thriving industrial area. Interested parties are encouraged to inquire for further details and to explore the possibilities this prime industrial land parcel presents. The usable acreage is confirmed to be 3.5 acres. This is a single-tenant property, providing a unique opportunity for a business seeking a dedicated space. The I-U zoning ensures a wide range of potential industrial uses. The Gaston County location offers excellent access to transportation networks and a skilled workforce. Don't miss this chance to secure a prime industrial location in a rapidly growing area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gastonia
    County
    Gaston
    State
    North Carolina
    Longitude
    -81.1838
    Latitude
    35.2755

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    Gastonia, NC 28054
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    Realmo Value Estimation

    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.

    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.

    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
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