Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

959 Cox Rd Gastonia, NC 28054

FOR SALE
Medical Office Space
Property ID
US53-0246904
14,794 SF 1.67 ac lot Built 1991
Last sale Jan 2017 · $3,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional investment opportunity presents a 15,214-square-foot medical office building situated on a 1.67-acre lot in Gastonia, North Carolina. Currently operating under a net lease with Piedmont Plastic Surgery & Dermatology, the property boasts a strong 8.50% cap rate and a Net Operating Income (NOI) of $311,654. The lease, commencing October 1, 2016, and expiring September 30, 2026, has approximately two years remaining. Given the tenant's potential non-renewal and the presence of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$26k
Tax billed · 2024
Assessed value$2.41M
Assessed land$589k
Assessed improvement$1.82M
Effective rate1.07%

Value estimate

· Oct 2026
$1.66M
$1.49M – $1.83M
NOI build-up
Gross scheduled income$362k
Vacancy & credit loss−$37k
Operating expenses−$81k
NOI · 5.48% cap applied$244k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$159/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$83 – $219
Qualifying comparables6

Cap rate analysis

How does the asset earn?
5.48%
$244k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OFF04
JurisdictionGASTON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.2
Garden Center11.3
Storage Facility11.0

Location

959 Cox Rd Gastonia, NC 28054
County assessor Recorded deeds · 5 transfers 6 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2520 Aberdeen, Gastonia, NC 28054-0635 $3,336,500 Jun 2022 8,476 SF
2711 X Ray, Gastonia, NC 28054-7491 $4,987,500 Mar 2020 18,470 SF
2721 X Ray, Gastonia, NC 28054-7491 $1,800,000 Dec 2019 10,188 SF
1089 X Ray, Gastonia, NC 28054-7489 $2,000,000 Oct 2019 10,993 SF
1225 Garrison, Gastonia, NC 28054-5115 $1,830,000 Aug 2019 9,943 SF
224 New Hope, Gastonia, NC 28054-4873 $650,000 Jan 2019 13,970 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved