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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2230 New Hope Rd Gastonia, NC 28054-2760
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0677062
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1973
Total area
3,440 SF
Lot
1.1 ac (47,916 SF)
Zoning code
MRKT1
APN
119273
UPID
US53-0677062
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
-
Tom's Food Stores Grocery & Convenience Store Food Market
-
bp Gas Station
-
Rai Marts with BP Gas Grocery & Convenience Store
-
Gas Station Gas Station
-
Lucky 7 Food Mart Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Radha Krishna LLC
Radha Krishna LLC
2 recorded transactions
Zoning & alternative use
MRKT1 · 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
—
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
$6,196
Tax year 2024
Assessed value
$579,610
Assessed 2024
Previous assessed
$579,610
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$250,550
Assessed improvement
$329,060
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1973
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
1
Bathrooms
5
Total area
3,440 SF
Lot
1.1 ac (47,916 SF)
Zoning code
MRKT1
APN
119273
UPID
US53-0677062
Jurisdiction
GASTON
Zoning & alternative use
MRKT1 · Gastonia, NC
Zoning MRKT1 · permitted uses
MRKT1 · 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
1973
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
5
Lot
1.1 ac
Current owner
From public records · entity-resolved
Radha Krishna LLC
Entity
Mailing address
126 10TH GRN CT, STATESVILLE, NC 28677-9768
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Radha Krishna LLC
—
Deed Of Trust
$504,000 · Southern Community Bank
—
—
Radha Krishna LLC
—
Deed Of Trust
related
$136,000 · Southern Community 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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