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Property profile

1114 W Franklin Blvd W Gastonia, NC 28052

FOR SALE
Auto shops
Property ID
US53-1905173
1,872 SF 0.35 ac lot Built 1935
Entity Owned Owner of record is a legal entity (LLC / corporation). 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

The property consists of five combined lots with two existing commercial buildings totaling 4,656 square feet, with improvement areas of 1,872 square feet and 2,784 square feet. The buildings were constructed in 1935 and feature ceiling heights ranging from 9 to 12 feet, four service bays, and garage doors ranging from approximately 8 to 11 feet, with an existing layout suited to automotive or other commercial use subject to applicable Gastonia zoning requirements. The site provides vehicle and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$2k
Tax billed · 2024
Assessed value$153k
Assessed land$101k
Assessed improvement$53k
Effective rate1.07%

Value estimate

· Oct 2026
$195k
$176k – $215k
AI approach$195k
NOI build-up
Gross scheduled income$46k
Vacancy & credit loss−$3k
Operating expenses−$13k
NOI · 4.39% cap applied$31k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$81/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$53 – $131
Qualifying comparables4

Cap rate analysis

How does the asset earn?
4.39%
$31k 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?
GARG1
JurisdictionGASTON

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.2
Locksmith9.0
Carpet & Flooring Store8.9

Location

1114 W Franklin Blvd W Gastonia, NC 28052
County assessor Recorded deeds · not on file 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3430 York, Gastonia, NC 28052-6744 $160,000 Nov 2024 1,488 SF
2941 Franklin, Gastonia, NC 28052 $2,225,000 Oct 2024 1,800 SF
3038 Franklin, Gastonia, NC 28052-9483 $185,000 Aug 2024 2,160 SF
1806 Wood, Gastonia, NC 28052-7628 $190,000 Mar 2022 1,440 SF
302 Firestone, Gastonia, NC 28052-2018 $140,000 Jan 2022 1,465 SF
1335 Franklin, Gastonia, NC 28052-3785 $190,000 Oct 2019 1,400 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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