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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1302 Industrial Pike Rd Gastonia, NC 28052-8430

    • Industrial properties
    • 107,768 SF
    • 3.24 lot acres
    OFF-MARKET
    Value Estimations
    $2,345,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-0958246
    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

    • Conitex LoadRunner® / Pallet Supplier
    • Conitex Sonoco / Manufacturer
    • International Adhesives / Manufacturer

    Property Details for 1302 Industrial Pike Rd

    Year built
    1969
    Lot size
    3.24 lot acres
    Property size
    107,768 SF
    Zone code
    INDS1
    Property type
    Industrial properties
    APN
    137558
    APU
    137558

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,337,000
      Market price range: $1.28M - $5.90M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gastonia
    County
    Gaston
    State
    North Carolina
    Longitude
    -81.234
    Latitude
    35.2804
    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
    $30,093
    $129,600
    $2,591,960
    $2,721,560
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      42,000 SF

      1848 Chespark Dr

      Distribution properties • 42,000 SF
      1848 Chespark Dr, Gastonia, NC 28052
      View Details
    • Value Estimation by Request
      18.41 Acres

      Industrial Pike Rd

      Land • 18.41 Acres
      0 Industrial Pike Rd, Gastonia, NC 28052
      View Details
    • Value Estimation by Request

      1228 Isley Dr

      Distribution properties
      1228 Isley Dr, Gastonia, NC 28052
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    • Value Estimation by Request
      900 SF

      2050 Poplar St

      INDUSTRIAL (GENERAL) • 900 SF
      2050 Poplar St, Gastonia, NC 28052
      View Details
    • Value Estimation
      $4,030,000
      408,172 SF

      1002 Jenkins Rd

      INDUSTRIAL (GENERAL) • 408,172 SF
      1002 Jenkins Rd, Gastonia, NC 28052-1177
      View Details
    • Value Estimation by Request
      2,400 SF

      4431 Linwood Rd

      INDUSTRIAL (GENERAL) • 2,400 SF
      4431 Linwood Rd, Gastonia, NC 28052-5055
      View Details

    Similar Nearby for Sale

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      View Details
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      Gastonia Industrial/Commercial Opportunity

      Versatile space suitable for investment or owner occupancy.
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    • $250,000
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      Gastonia Commercial Land - $250K

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    • Contact for pricing

      Gastonia Industrial Property for Sale

      Industrial property available for sale in Gastonia, North Carolina.
      1865 Wren Tpke, Gastonia, NC 28052
      View Details

    Similar Nearby for Lease

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      Build your ideal 23,000 SF facility.
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    • Contact for pricing
      46,121 SF

      Gastonia Industrial Space Available

      ±46,121 SF Multi-Tenant Industrial Space
      1228 Isley Dr, Gastonia, NC 28052
      View Details
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      462,000 SF

      Manufacturing/Distribution Space Available

      Class A manufacturing/distribution space available for lease.
      2550 Jenkins Dairy Rd, Gastonia, NC 28052
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      305,760 SF

      Gastonia Warehouse and Distribution Space

      305,760 SF warehouse with ample parking and loading docks.
      1925 Wren Tpke, Gastonia, NC 28052
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    • Contact for pricing
      18,000 SF

      Gastonia Flex Space For Rent

      Flex space available for lease in Gastonia, North Carolina.
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    • New
      $2,900 /Mo
      8,276 SF

      Commercial Property Near FUSE District

      Freestanding commercial property near Gastonia's FUSE district, adaptable for various uses.
      1001 W Franklin Blvd, Gastonia, NC 28052
      View Details
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    1302 Industrial Pike Rd
    Gastonia, NC 28052-8430
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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