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Financial
Distress signals
Property profile

511 Franklin Blvd Gastonia, NC 28052

OFF-MARKET
Retail space
Property ID
US53-2230142
8,857 SF 0.71 ac lot Built 1952
Last sale Aug 2022 · $675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a freestanding two-story retail building located at 511 W Franklin Blvd in Gastonia, North Carolina, just outside Downtown Gastonia. It is configured as a standalone structure with an independent footprint suitable for a single tenant or owner, rather than an in-line space. The building includes cold storage and a commercial exhaust hood, and it is described as having features that can support foodservice-oriented operations; public remarks also indicate potential for restaurant…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$471k
Assessed land$186k
Assessed improvement$286k
Effective rate1.27%

Value estimate

· Oct 2026
$375k
$338k – $413k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$48/SF
Submarket average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$33 – $74
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RET01
JurisdictionGASTON

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.4
Skin Care Clinic10.0
Tailor Shop9.6

Location

511 Franklin Blvd Gastonia, NC 28052-3826
County assessor Recorded deeds · 2 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1391 Bessemer City, Gastonia, NC 28052-1106 $1,800,000 May 2025 10,225 SF
2003 Franklin, Gastonia, NC 28052-1336 $421,500 Apr 2025 4,080 SF
213 Main, Gastonia, NC 28052-4140 $375,000 Jan 2025 5,916 SF
419 York, Gastonia, NC 28052-4035 $375,000 Dec 2024 2,964 SF
105 2nd, Gastonia, NC 28052-4363 $26,500 Aug 2024 7,636 SF
223 3rd, Gastonia, NC 28052-4058 $679,000 Jul 2024 5,436 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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