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Property profile & analytics
OFF-MARKET Estimated value $560,000
Banks

514 Un Rd Gastonia, NC 28054-4450

6,300 SF 0.63 ac lot Built 1993
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US53-1984284
Property summary
AI-generated overview

This exceptional 6,300 square foot office building, located at 514 S Union Rd in Gastonia, North Carolina, presents a fantastic opportunity for a single tenant. Situated in Gaston County, this two-story building offers a blend of private offices, each boasting ample natural light from large windows. The layout thoughtfully incorporates a mix of open workspaces, along with both small and large conference rooms, catering to diverse business needs. Conveniently located on both floors are restrooms and break rooms for employee comfort. Ample surface parking is available for staff and clients, ensuring easy accessibility. The property features a prominent 2-panel marquis sign for excellent visibility and brand recognition. The current owner is open to making improvements to the space to suit a tenant's specific requirements, making this a highly adaptable and attractive option. This fully vacant building is ready for immediate occupancy. The property's address is 514 S Union Rd, Gastonia, NC 28054. The building is classified as both Traditional Office and Medical Office space, making it suitable for a variety of professional uses.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1993
Total area 6,300 SF
Lot 0.63 ac (27,443 SF)
Zoning code OFF01
APN 109229
UPID US53-1984284
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
  • Davenport Design & Print Marketing & Advertising Printing Service
  • Carolinas Realty Real Estate Agency
  • Jo-Ann Lavecchia, Carolinas Realty Real Estate Agency
  • Theresa OKelley Real Estate Real Estate Agency
  • Realty Sage Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
$515k
Blend (final) Blend
$560k
Owner & transaction history
Rousseau Ct Holdings LLC · 2 yrs held
Rousseau Ct Holdings LLC
since 2024
Last sale
$560,000
4 recorded transactions
2024
$560,000
2021
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
OFF01 · Gastonia, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $555,000 +10.8%
Auto repair, garage $510,000 +1.7%
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