3628 Franklin Blvd Gastonia, NC 28056-9273
Property profile & analytics
3628 Franklin Blvd Gastonia, NC 28056-9273
- Turn key restaurants
- 4,756 SF
- 1.28 lot acres
Property ID
US53-1071241
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Juicy crab / Restaurant
- The Juicy Crab Gastonia / Restaurant
Property Details for 3628 Franklin Blvd
- Year built
- 1998
- Lot size
- 1.28 lot acres
- Property size
- 4,756 SF
- Zone code
- REST2
- Property type
- Turn key restaurants
- APN
- 138035
- APU
- 138035
Description
This exceptional investment opportunity presents the fee simple ownership of a 4,815 square foot The Juicy Crab restaurant in Gastonia, NC (Charlotte MSA). The property, built in 1998 and situated on a 1.28-acre lot with 89 parking spaces, benefits from a strong location on E Franklin Blvd, a major thoroughfare averaging 41,000 vehicles daily. The absolute NNN lease, commencing January 1, 2017, and expiring December 31, 2036, has over 12 years remaining, with four 5-year options to extend, each including a 7% rent increase. This provides significant long-term income growth and inflation protection. The current annual net operating income (NOI) is $115,560, resulting in a 6.70% cap rate. The asking price is $1,725,000 ($358.26/sq ft). The property is zoned CBD and enjoys excellent visibility, situated near major retail centers including Franklin Square III (454,000 sq ft), Eastridge Mall (1,112,000 sq ft), and numerous national retailers such as Walmart, Sam's Club, and Home Depot. The 5-mile trade area boasts a population exceeding 112,000 with an average household income of $82,960. This is a management-free investment with significant upside potential. The property's address is 3628 E Franklin Blvd, Gastonia, NC 28056. The APN is 138035.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Gastonia
- County
- Gaston
- State
- North Carolina
- Longitude
- -81.115
- Latitude
- 35.2582
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$19,170
$1,888,480
$512,860
$2,401,340
-
$0.00
$0.00
$0.00
