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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Investment properties
201 Main Ave Gastonia, NC 28052-4140
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2152340
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
10,557 SF
Lot
0.12 ac (5,227 SF)
Zoning code
RET01
APN
105813
UPID
US53-2152340
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
-
Third National Bank Building Tour Operator
-
Property Matters Realty Property Management Company
-
Gastonia E&P Market Place Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$637k
Blend (final)
Blend
$550k
Owner & transaction history
Harsh Investors LLC · 4 yrs held
Harsh Investors LLC
since 2021
7 recorded transactions
Zoning & alternative use
RET01 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$870,000
Current use
AUTO REPAIR, GARAGE
$855,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$52 / 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
$5,199
Tax year 2024
Assessed value
$409,700
Assessed 2024
Previous assessed
$409,700
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$84,350
Assessed improvement
$325,350
Applied tax rate
185.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
1
Bathrooms
3
Total area
10,557 SF
Lot
0.12 ac (5,227 SF)
Zoning code
RET01
APN
105813
UPID
US53-2152340
Jurisdiction
GASTON
Zoning & alternative use
RET01 · Gastonia, NC
Zoning RET01 · permitted uses
RET01 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$870,000
AUTO REPAIR, GARAGE
Est. value
$855,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
1
Bathrooms
3
Lot
0.12 ac
Current owner
From public records · entity-resolved
Harsh Investors LLC
Entity
Mailing address
8703 KENTUCKY DERBY DR, WAXHAW, NC 28173-6592
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2021
$337,000
Harsh Investors LLC
Premier Property Management Team Ll
Warranty Deed
—
May 17, 2017
$330,000
Premier Property Management Team Ll
Umbridled Holdings LLC
Warranty Deed
$264,000 · Aquesta Bank
Jun 15, 2016
—
Unbridled Holdings LLC
Standard Partners 201 LLC A Dissolv
Warranty Deed
$224,000 · Aquesta Bank
Sep 4, 2015
$280,000
Standard Partners 201 LLC
Revitalize Main LLC
Warranty Deed
related
$224,000 · Charlotte Metro Cu
Mar 21, 2007
$142,000
Revitalize Main LLC
—
Grant Deed
—
Aug 2, 2004
$45,000
Hennes,neil T & Michael S
Menaker,elise K
Warranty Deed
—
—
—
Revitalize Main LLC
—
Deed Of Trust
related
$121,683 · Fifth Third Bank
—
—
Revitalize Main LLC
—
Deed Of Trust
related
$129,000 · First Charter Bank
—
—
Hennes,neil T & Susan M
—
Deed Of Trust
related
$45,000 · Carolyn K Hennes
—
—
Revitalize Main LLC
—
Deed Of Trust
related
$267,900 · Fifth Third Bank
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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