514 Union Rd Gastonia, NC 28054
- Banks
- 6,300 SF
- 0.63 lot acres
Current Use by Public Records
- Davenport Design & Print / Commercial Printer / Business To Business Service
- Carolinas Realty / Real Estate Agency / Commercial Real Estate Agency
- Jo-Ann Lavecchia, Carolinas Realty / Real Estate Agent
- Theresa OKelley Real Estate / Real Estate Agent
- Realty Sage / Real Estate Agency
Property Details for 514 Union Rd
- Year built
- 1993
- Lot size
- 0.63 lot acres
- Property size
- 6,300 SF
- Zone code
- OFF01
- Property type
- Banks
- APN
- 109229
- APU
- 109229
Description
This exceptional 6,300 square foot office building, located at 514 S Union Rd in Gastonia, North Carolina, presents a fantastic opportunity for a single tenant. Situated in Gaston County, this two-story building offers a blend of private offices, each boasting ample natural light from large windows. The layout thoughtfully incorporates a mix of open workspaces, along with both small and large conference rooms, catering to diverse business needs. Conveniently located on both floors are restrooms and break rooms for employee comfort. Ample surface parking is available for staff and clients, ensuring easy accessibility. The property features a prominent 2-panel marquis sign for excellent visibility and brand recognition. The current owner is open to making improvements to the space to suit a tenant's specific requirements, making this a highly adaptable and attractive option. This fully vacant building is ready for immediate occupancy. The property's address is 514 S Union Rd, Gastonia, NC 28054. The building is classified as both Traditional Office and Medical Office space, making it suitable for a variety of professional uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $560,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $515,000
- 6.5%
- $555,000
- 7%
- $490,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $485,000
- Geo Method
- $590,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $625,000
- Retail
- $600,000
- Mixed-Use
- $605,000
- Hospitality
- $495,000
- Educational
- $555,000
- Residential Income
- $495,000
- Energy
- $575,000
- Income-Based Land
- $640,000
- Food Service
- $630,000
Location Insight
- Map
- Local Demand
- City
- Gastonia
- County
- Gaston
- State
- North Carolina
- Longitude
- -81.1778
- Latitude
- 35.2568
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA