959 Cox Rd, Gastonia, NC 28054-3420
- Medical Office Space
- 14,794 SF
- 1.67 lot acres
Current Use by Public Records
- Dr. Alan D. Klein, MD / Physician / Medical Clinic
- Euphemia Wang Mu / Physician / Medical Clinic
- Nancy Astle / Physician / Medical Clinic
- Parteek Singla, MD / Physician / Medical Clinic
- Eric T. Emerson, MD / Physician / Medical Clinic
Property Details for 959 Cox Rd
- Year built
- 1991
- Lot size
- 1.67 lot acres
- Zone code
- OFF04
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 117916
- APU
- 117916
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 25, 2026 | — | Gaston-family Health Services INC | Alliance Gastonia LLC | Deed | — |
| Jan 20, 2017 | $3,400,000 | Alliance Gastonia LLC | Nkm Properties LLC | Grant Deed | $2.4M · Brand Bkng |
| Feb 28, 2001 | $1,200,000 | Daniel T Ness | Hay,robert L | Grant Deed | — |
| — | — | Nkm Properties LLC | — | Deed Of Trust · related | $314k · Park Sterling Bank |
| — | — | Nkm Properties LLC | — | Deed Of Trust · related | — |
Description
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 other medical assets in the market, this property offers a compelling owner-user opportunity for a new medical practice or an investor seeking a strong leasing potential in a thriving medical corridor. The building enjoys excellent access and visibility, situated near a major hospital within a densely populated medical area. Gastonia's robust economy, characterized by a fast-growing community committed to development and redevelopment, and its affluent demographics with rising household incomes and wages, further enhance the investment appeal. The property's fee-simple ownership provides complete control and potential for long-term value appreciation. Detailed lease information is available upon request. This is a rare chance to acquire a prime medical office building in a high-growth area with significant upside potential. The property's address is 959 Cox Rd, Gastonia, NC 28054.
Value Estimations
-
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,355,000 Current use
- COMMERCIAL (GENERAL)
- $2,600,000 Change: +10% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Gastonia
- County
- Gaston
- State
- North Carolina
- Longitude
- -81.136
- Latitude
- 35.2759
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
