Technical
Financial
Distress signals
Property profile

2003 Franklin Blvd Gastonia, NC 28052

OFF-MARKET
Grocery and convenience stores
Property ID
US53-0988350
4,080 SF 0.68 ac lot Built 1973
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Gastonia commercial property at 2003 Franklin Boulevard offers 2,095 square feet of main-level retail space, previously used as a convenience store. Its prime corner location on a busy road ensures high visibility and consistent traffic flow, ideal for a variety of retail businesses. The property boasts a significant advantage with an additional 2,095 square feet of usable basement space, accessible via a bay door. This extra space is perfect for storage, a workshop, or even an auto service bay, significantly expanding the property's versatility. The 0.68-acre lot provides ample space for parking and potential future expansion. While the building requires some renovations, the potential for return on investment is substantial, making it an attractive opportunity for entrepreneurs. The property's location in a thriving area guarantees a strong customer base. The asking price is $450,000, and owner financing options are available, making this a highly accessible investment opportunity. This versatile property presents a unique chance to establish a successful business in a high-traffic location.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1973
Total area 4,080 SF
Lot 0.68 ac (29,621 SF)
Zoning code MRKT1
APN 106908
UPID US53-0988350

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
  • Bank Credit Union
  • (Bike/Boat/Book/etc) Store
  • Restaurant

Location

2003 Franklin Blvd Gastonia, NC 28052-1336
Gastonia metro Census 33100 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2025
Last sale
$421,500
4 recorded transactions
2025
$421,500
2021
Price N/A
2021
$225,000
2013
Price N/A

Zoning & alternative use

MRKT1 · Gastonia, NC

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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