1704 Overman AveGastonia, NC 28052

Property Details for 1704 Overman Ave

Lot size

0.13 AC

Property type

Commercial real estate

APN

106950

APU

106950

Description

This exceptional new construction commercial property, located at 1704 Overman Avenue in Gastonia, NC, offers a versatile 1,932 square foot office/warehouse flex space ideal for a variety of businesses. Its prime location provides convenient access to I-85, ensuring excellent connectivity and accessibility. The building boasts a thoughtfully designed open floor plan on the ground floor, perfect for maximizing workspace efficiency. A practical kitchenette and a handicap-accessible restroom are also included on this level. Upstairs, a dedicated conference room provides a professional setting for meetings and presentations, along with an additional restroom for convenience. The property features energy-efficient LED lighting throughout. For added security and storage, a fenced-in concrete side yard offers ample space. External access is facilitated by a 12' x 14' grade-level door, making loading and unloading efficient. The 0.13-acre lot provides a manageable footprint for operations. This move-in ready building presents a fantastic opportunity for businesses seeking a modern, functional, and strategically located space in Gastonia. The combination of office and warehouse space, along with the convenient amenities, makes this property a highly desirable option.

• CAP approach

  CAP return

  Valuation

  6%

  $1,499,620

  6.5%

  $1,384,270

  7%

  $1,285,390

• Comparable approach

  Method

  Valuation

  Relative Method

  $958,972

  Geo Method

  $958,972

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,629,060

  Retail / Commercial

  $1,367,010

  Mixed-Use / Specialty

  $1,376,980

  Hospitality / Lodging

  $1,029,580

  Office

  $1,384,270

  Institutional / Educational

  $1,436,810

  Residential Income

  $1,681,070

  Multifamily

  $1,933,880

  Automotive / Energy

  $1,231,560

  Parking / Income-Based Land

  $410,326

  Restaurant / Food Service

  $747,866

  Healthcare / Senior Housing

  $1,396,850

Location Insight

City

Gastonia

County

Gaston

State

North Carolina

Latitude

35.2608

Longitude

-81.2122

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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