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Property profile & analytics
OFF-MARKET Estimated value $2,450,000
Banks

1821 Wren Tpke Gastonia, NC 28052-1799

27,000 SF 5.04 ac lot Built 2006
Entity Owned Absentee Owner
Property ID
US53-2122876
Property summary
AI-generated overview

This exceptional industrial property, located at 1821 Wren Turnpike in Gastonia, North Carolina, offers a versatile space ideal for various business needs. The building, totaling 27,000 square feet, sits on a generous 5.04 acres of land and is zoned C-3 within Gaston County. Currently, a 3,000-square-foot suite is immediately available for lease, representing a significant portion of the building's total vacant space. The single-story building features a 24-foot ceiling height, providing ample vertical space for storage or operations. Access is facilitated by seven dock-high doors and two drive-in doors, ensuring efficient loading and unloading of goods. The property's flexible nature, encompassing both warehouse and flex space, makes it suitable for a wide range of industrial and commercial uses. The minimum divisible space is 3,000 square feet, offering flexibility for businesses of varying sizes. The property's location in Gastonia, NC, provides convenient access to major transportation routes and a thriving business community. This is a prime opportunity to secure a well-appointed industrial space in a desirable location. The zip code is 28052.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2006
Total area 27,000 SF
Lot 5.04 ac (219,542 SF)
Zoning code OFF10
APN 100113
UPID US53-2122876
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
  • Carolina Skylights Hardware & Home Improvement Interior Design
  • Carolina Air Sealing Construction Company General Contractor
  • Sunlit Homes and Ventilations, Inc. Roofing Company General Contractor
  • Empire Today - Charlotte, NC General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.45M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.75M
Blend (final) Blend
$2.45M
Owner & transaction history
Five-iv-nc1 LLC
Five-iv-nc1 LLC
since 2025
Last sale
$2.5M
4 recorded transactions
2025
$4.6M
2025
Price N/A
2024
$2.5M
2005
$122,000
Zoning & alternative use
OFF10 · Gastonia, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.4M +49.2%
Commercial (general) $2.2M +39.0%
Auto repair, garage $2.2M +37.0%
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