Property profile

1838 Chespark Dr Gastonia, NC 28052

OFF-MARKET
Warehouses
Property ID
US53-3845660
9,000 SF 10.28 ac lot Built 2021
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional flex space offering in Gastonia, North Carolina presents a unique opportunity for businesses seeking versatile industrial space. Located in Gaston County, this property comprises seven single-story buildings constructed in 2021, offering a total of 10,050 square feet of Class B industrial space. Units are available in sizes ranging from 1,275 square feet to a maximum contiguous space of 3,000 square feet, catering to a variety of business needs. The property features convenient drive-in access and ample parking with 10 spaces available across the complex. Ceiling heights range from 15 to 17 feet, providing ample vertical space for storage or specialized equipment. Monthly rental rates vary depending on unit size and range from $1,500 to $3,000. Rental rates per square foot range from $12.00 to $14.12. This multi-tenant property is ideal for businesses seeking flexible and functional space in a prime Gaston County location. The property's modern design and convenient amenities make it an attractive option for a variety of industrial and flex-use businesses. The address is 1838 Chespark Drive, Gastonia, NC 28052.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2021
Total area 9,000 SF
Lot 10.28 ac (447,797 SF)
APN 135941
UPID US53-3845660

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
  • Hardware & Home Improvement Landscaping
  • Auto Repair Shop
  • Auto Repair Shop

Location

1838 Chespark Dr Gastonia, NC 28052-9102
Gastonia metro Census 31500 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2024
$6.3M
2023
Price N/A
2023
Price N/A
2021
Price N/A
2021
Price N/A
2021
Price N/A

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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