Property profile

1723 Armstrong Park Dr Gastonia, NC 28054

OFF-MARKET
Banks
Property ID
US53-5626882
4,480 SF 0.52 ac lot Built 1988
Individually Owned 19-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1988
Total area 4,480 SF
Lot 0.52 ac (22,651 SF)
Zoning code OFF01
APN 117362
UPID US53-5626882

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Social Service Agency Charitable Organization
  • Foster Care Service Social Service Agency
  • Crisis Center Medical Clinic
  • Alternative Medicine Practice Spa & Massage Center

Location

1723 Armstrong Park Dr Gastonia, NC 28054-4802
Gastonia metro Census 32600 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$457k
Blend (final) Blend
$155k

Owner & transaction history

since 2007
3 recorded transactions
2007
$383,500
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OFF01 · Gastonia, NC
Top alternative use upside
Commercial (general) $785,000 +120.0%
Medical building $715,000 +99.5%
Auto repair, garage $365,000 +1.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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