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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Medical Office Space
224 New Hope Rd Gastonia, NC 28054-4873
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US53-1476146
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1963
Total area
13,970 SF
Lot
1.11 ac (48,352 SF)
Zoning code
OFF04
APN
117743
UPID
US53-1476146
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
-
Darrell C. Current, DDS, PA Dental Office
-
Mckinley Alexander Dentistry Dental Office
-
Michael Arlin Pa Dental Office
-
Current Dentistry Dental Office
-
Mitchell Jessica Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$1.21M
Owner & transaction history
Spsc Properties LLC · 7 yrs held
Spsc Properties LLC
since 2019
5 recorded transactions
Zoning & alternative use
OFF04 · 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
Blend value · Realmo final
$1.21M
Range $1.09M – $1.33M · ±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
$87 / 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
$13,345
Tax year 2024
Assessed value
$1,248,350
Assessed 2024
Previous assessed
$1,248,350
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$350,070
Assessed improvement
$898,280
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1963
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
1
Total area
13,970 SF
Lot
1.11 ac (48,352 SF)
Zoning code
OFF04
APN
117743
UPID
US53-1476146
Jurisdiction
GASTON
Zoning & alternative use
OFF04 · Gastonia, NC
Zoning OFF04 · permitted uses
OFF04 · 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
1963
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
Spsc Properties LLC
Entity
Mailing address
224 S NEW HOPE RD STE C, GASTONIA, NC 28054-4873
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2020
—
Spsc Properties LLC
—
Deed
related
$350,000 · Alliance Bank & Trust Co
Mar 21, 2019
—
Spsc Properties LLC
—
Deed
related
$250,000 · Carolina Trust Bank
Jan 29, 2019
$650,000
Spsc Properties LLC
Gaston Medical Center INC
Grant Deed
$650,000 · Gaston Medical Center INC
May 31, 2018
—
Gaston Medical Center INC
—
Trustees Deed
related
$250,000 · Carolina Tr Bk
—
—
Vi Victoria LLC
—
Deed Of Trust
related
$140,000 · Trste INC
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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