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Property profile & analytics
OFF-MARKET
Investment properties
235 Main Ave Gastonia, NC 28052-4142
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0581828
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1904
Total area
4,330 SF
Lot
0.14 ac (6,098 SF)
Zoning code
RET01
APN
105696
UPID
US53-0581828
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
-
Nationwide Insurance: Michael Bare Agency Insurance Agency
-
Joel Roberts Insurance Agency
-
Caldwell-Roberts Insurance Insurance Agency
-
American Auto Agency Insurance Agency
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
Verge LLC · 2 yrs held
Verge LLC
since 2023
Last sale
$162,000
4 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
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
$3,013
Tax year 2024
Assessed value
$237,470
Assessed 2024
Previous assessed
$237,470
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$83,180
Assessed improvement
$154,290
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
1904
Heating
YES
Stories
1
Rooms
1
Bathrooms
4
Total area
4,330 SF
Lot
0.14 ac (6,098 SF)
Zoning code
RET01
APN
105696
UPID
US53-0581828
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.
Building & site characteristics
From public records
Year built
1904
Heating
YES
Stories
1
Rooms
1
Bathrooms
4
Lot
0.14 ac
Current owner
From public records · entity-resolved
Verge LLC
Entity
Mailing address
404 N LAUREL AVE APT #38, CHARLOTTE, NC 28204-2759
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2023
$162,000
Verge LLC
Travis Lingrosso
Warranty Deed
$135,000 · Travis Lingrosso Etal
Jan 4, 2018
$135,000
Travis Lingrosso
J Roberts Insurance LLC
Warranty Deed
$106,000 · South State Bank
Apr 9, 2013
$93,217
J Roberts Insurance LLC
Arlington Holdings INC
Warranty Deed
$70,000 · Arlington Holdings INC
Mar 18, 2010
—
Arlington Holdings INC
—
Grant Deed
—
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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