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    Property profile & analytics
    OFF-MARKET Estimated value $1,220,000
    Retail space

    1392 Franklin Blvd, Gastonia, NC 28054-4003

    25,500 SF 0.97 ac lot Built 1966
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-0876113
    Property summary
    AI-generated overview

    This exceptional 20,300-square-foot retail property is ideally situated at 1392 E Franklin Blvd in Gastonia, North Carolina, within Gaston County. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space. This presents a blank canvas for a business seeking significant square footage in a high-visibility location. The property's size allows for a wide range of retail uses, from large-format stores to multi-functional spaces. The address, 1392 E Franklin Blvd, ensures excellent street presence and accessibility for customers. The property's location in Gastonia, NC, offers access to a substantial consumer base and benefits from the area's established infrastructure. With its substantial size and prime location, this property is an attractive investment for businesses seeking a prominent presence in a thriving North Carolina market. The 28054 zip code further highlights its strategic position within the Gastonia community. This single-tenant occupancy building offers a rare opportunity to establish a significant retail presence in a highly visible location. The property's size and location make it suitable for a variety of retail concepts. Serious inquiries are encouraged to explore the potential of this exceptional retail space. The property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1966
    Total area 25,500 SF
    Lot 0.97 ac (42,253 SF)
    Zoning code RET05
    APN 105127
    UPID US53-0876113
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Badcock Home Furniture &more Home Decor Store Department Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $975k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $843k
    Blend (final) Blend
    $1.22M
    Owner & transaction history
    Chabelita LLC · 1 yrs held
    Chabelita LLC
    since 2024
    Last sale
    $1.6M
    4 recorded transactions
    2024
    $2.2M
    2023
    2022
    $1.6M
    2005
    Zoning & alternative use
    RET05 · Gastonia, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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