Financial
Distress signals
Property profile

1600 S York Rd Gastonia, NC 28052

FOR LEASE
Other investment properties
Property ID
US53-2107613
1,394 SF 2.76 ac lot Built 1967
Last sale Mar 2022 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

South York Plaza is a seven-unit neighborhood retail center located on a signalized corner. The retail mix includes a salon suite, a grocery store/restaurant space, and a tobacco/vape shop, with additional retail space configurations noted at approximately 1,800, 2,000, and 4,200 square feet. The center is designed with multiple curb cuts for ingress and egress and provides a parking lot with more than 150 spaces. The property is positioned for roadside frontage and retail signage visibility,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$576k
Assessed land$362k
Assessed improvement$214k
Effective rate1.07%

Value estimate

· Sep 2026
$335k
$302k – $369k
NOI build-up
Gross scheduled income$508k
Vacancy & credit loss−$38k
Operating expenses−$141k
NOI · 10,956.87% cap applied$329k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$82/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$32 – $162
Qualifying comparables11

Cap rate analysis

How does the asset earn?
10,956.87%
$329k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
SHOP4
JurisdictionGASTON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm22.3
Realty agency21.1
Hair Salon16.3

Location

1600 S York Rd Gastonia, NC 28052
County assessor Recorded deeds · 5 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1206 York, Gastonia, NC 28052-6128 $187,500 Dec 2023 1,581 SF
1038 Gaston, Gastonia, NC 28052-2022 $70,000 May 2023 1,210 SF
3041 Franklin, Gastonia, NC 28052-9483 $700,000 Oct 2022 1,470 SF
1239 Franklin, Gastonia, NC 28052-3738 $259,000 Sep 2022 1,860 SF
1129 Franklin, Gastonia, NC 28052-3736 $325,000 Apr 2022 1,862 SF
927 York, Gastonia, NC 28052-7508 $43,000 Sep 2021 1,540 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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