1392 Franklin BlvdGastonia, NC 28054
- Retail properties
- 25,500 SF
Property Details for 1392 Franklin Blvd
- Year built
- 1966
- Lot size
- 0.97 AC
- Property size (Sq ft)
- 25,500 SF
- Zone code
- RET05
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 105127
- APU
- 105127
Description
This exceptional 20,300-square-foot retail property is ideally situated at 1392 E Franklin Blvd in Gastonia, North Carolina, within Gaston County. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space. This presents a blank canvas for a business seeking significant square footage in a high-visibility location. The property's size allows for a wide range of retail uses, from large-format stores to multi-functional spaces. The address, 1392 E Franklin Blvd, ensures excellent street presence and accessibility for customers. The property's location in Gastonia, NC, offers access to a substantial consumer base and benefits from the area's established infrastructure. With its substantial size and prime location, this property is an attractive investment for businesses seeking a prominent presence in a thriving North Carolina market. The 28054 zip code further highlights its strategic position within the Gastonia community. This single-tenant occupancy building offers a rare opportunity to establish a significant retail presence in a highly visible location. The property's size and location make it suitable for a variety of retail concepts. Serious inquiries are encouraged to explore the potential of this exceptional retail space. The property is ready for immediate occupancy.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $8,758,614
- 6.5%
- $8,084,874
- 7%
- $7,507,384
-
Comparable approach
- Method
- Valuation
- Relative Method
- $10,881,788
- Geo Method
- $10,881,788
-
Alternative Use
- Use
- Valuation
- Residential
- $6,819,894
- Hospitality
- $6,246,986
- Educational
- $5,197,419
- Medical
- $5,376,166
- Retail
- $8,084,874
Location Insight
- City
- Gastonia
- County
- Gaston
- State
- North Carolina
- Latitude
- 35.2628
- Longitude
- -81.1561
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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