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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

2003 Franklin Blvd Gastonia, NC 28052-1336

4,080 SF 0.68 ac lot Built 1973
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US53-0988350
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • MoneyGram Bank Credit Union
  • Smokes N Vapes (Bike/Boat/Book/etc) Store
  • El Sabor Catracho Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Capstone Management Group LLC · 1 yrs held
Capstone Management Group LLC
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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