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    Property profile & analytics

    120 Virginia Ave Bessemer City, NC 28016-2373

    • Retail space
    • 3,200 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 30, 2024
    Location Intelligence
    Property ID
    US53-0902221
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 120 Virginia Ave

    Year built
    1900
    Lot size
    0.08 lot acres
    Property size
    3,200 SF
    Zone code
    RET01
    Property type
    Retail space
    APN
    120798
    APU
    120798

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bessemer City
    County
    Gaston
    State
    North Carolina
    Longitude
    -81.2847
    Latitude
    35.2852
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,094
    $17,420
    $77,760
    $95,180
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      863 SF

      130 Virginia Ave

      RETAIL STORES (PERSONAL SERVICES) • 863 SF
      130 Virginia Ave, Bessemer City, NC 28016-2373
      View Details
    • Value Estimation by Request
      1,383 SF

      204 Virginia Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,383 SF
      204 Virginia Ave, Bessemer City, NC 28016-2344
      View Details
    • Value Estimation by Request
      1,250 SF

      108 11th St

      RETAIL STORES (PERSONAL SERVICES) • 1,250 SF
      108 11th St, Bessemer City, NC 28016-2306
      View Details
    • Value Estimation
      $1,005,000
      1,980 SF

      109 12th St

      RETAIL STORES (PERSONAL SERVICES) • 1,980 SF
      109 12th St, Bessemer City, NC 28016-2338
      View Details
    • Value Estimation
      $355,000
      2,528 SF

      6231 Dallas Cherryville Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,528 SF
      6231 Dallas Cherryville Hwy, Bessemer City, NC 28016-7603
      View Details
    • Value Estimation by Request
      2,248 SF

      4128 Kings Mtn Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,248 SF
      4128 Kings Mtn Hwy, Bessemer City, NC 28016-7525
      View Details

    Similar Nearby for Sale

    • $349,000

      Downtown Bessemer City Income Property

      Renovated commercial building with income-producing units in downtown Bessemer City.
      108 W Virginia Ave, Bessemer City, NC 28016
      View Details
    • $210,000

      Retail and Office Space Available

      Retail and office space in downtown Bessemer City.
      105 Pennsylvania Ave, Bessemer City, NC 28016
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    • $850,000
      3,200 SF

      Bessemer City Retail/Bank Opportunity

      Retail or bank property in Bessemer City, North Carolina.
      125 E Virginia Ave, Bessemer City, NC 28016
      View Details
    • $234,900
      0.31 Acres

      Office, Retail, and Storage Space

      High-traffic location with office, retail, and storage potential.
      1437 Tryon Courthouse Rd, Bessemer City, NC 28016
      View Details
    • $1,500,000
      7,964 SF

      Kings Mountain Highway Commercial Property

      Commercial property with warehouses, storage, and rental house.
      4239 Kings Mountain Hwy, Bessemer City, NC 28016
      View Details
    • $900,900
      27.86 Acres

      27.86 Acres in Bessemer City

      Commercial land in growth area near I-85 and Crowders Mountain.
      Kings Mountain Hwy, Bessemer City, NC 28016
      View Details
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    Bessemer City, NC 28016-2373
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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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