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Property profile & analytics
OFF-MARKET
Estimated value
$17,500,000
Super regional malls
1949 Hoffman Rd Gastonia, NC 28054-6574
Entity Owned
Free & Clear
Property ID
US53-2314254
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2004
Total area
7,949 SF
Lot
7.95 ac (346,302 SF)
Zoning code
SHOP1
APN
204559
UPID
US53-2314254
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
-
Publix Super Market at Hoffman Village Specialty Food Shop Supermarket
-
Publix Pharmacy at Hoffman Village Pharmacy
-
City National Bank - Presto ATM Bank Loan Service
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
higi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.50M
Owner & transaction history
Hoffman Homes Preservation LP
Hoffman Homes Preservation LP
since 2026
Last sale
$17.5M
3 recorded transactions
Zoning & alternative use
SHOP1 · Gastonia, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gastonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gastonia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$2,202 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$100,307
Tax year 2024
Assessed value
$9,383,240
Assessed 2024
Previous assessed
$9,383,240
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$2,100,560
Assessed improvement
$7,282,680
Applied tax rate
180.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2004
Heating
NONE
Stories
1
Bathrooms
2
Total area
7,949 SF
Lot
7.95 ac (346,302 SF)
Zoning code
SHOP1
APN
204559
UPID
US53-2314254
Jurisdiction
GASTON
Zoning & alternative use
SHOP1 · Gastonia, NC
Zoning SHOP1 · permitted uses
SHOP1 · Gastonia, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gastonia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Stories
1
Bathrooms
2
Lot
7.95 ac
Current owner
From public records · entity-resolved
Hoffman Homes Preservation LP
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 32018, LAKELAND, FL 33802-2018
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
—
Hoffman Homes Preservation LP
Hoffman Investors LLC
Deed
related
—
Dec 22, 2025
$17,500,000
Hoffman Homes Preservation LP
Hoffman Investors LLC
Warranty Deed
—
Apr 16, 2015
$14,787,500
Chm Hoffman Village LLC
Hoffman Village Phase I Retail
Warranty Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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