Technical
Financial
Distress signals
Property profile

2870 Franklin Blvd Gastonia, NC 28056

OFF-MARKET
Retail properties & Spaces
Property ID
US53-1478937
109,780 SF 11.29 ac lot Built 1994
Entity Owned 25-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE (MULTI-STORY)
Year built 1994
Total area 109,780 SF
Lot 11.29 ac (491,792 SF)
Zoning code RET05
APN 138044
UPID US53-1478937

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Rental Facility
  • Big Box & Wholesale Store
  • HVAC Service General Contractor
  • Garden Center
  • Building Supply Hardware & Home Improvement

Location

2870 Franklin Blvd Gastonia, NC 28056-7261
Gastonia metro Census 31303 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$790k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.54M
Blend (final) Blend
$1.17M

Owner & transaction history

Zoning & alternative use

RET05 · Gastonia, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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