4520 Wilkinson BlvdGastonia, NC 28056

Property Details for 4520 Wilkinson Blvd

Year built

1980

Lot size

0.34 AC

Property size (Sq ft)

2,820 SF

Zone code

RET01

Property type

Retail properties

Property subtype

Retail space

APN

128833

APU

128833

Description

This exceptional Gastonia retail property, located at 4520 Wilkinson Blvd, offers +/- 2,800 square feet of versatile space ideal for a variety of commercial uses. Situated on a 0.34-acre lot in Gaston County's bustling commercial district, this single-story, 1980-built building benefits from high visibility and accessibility. The C-74 zoning allows for a wide range of businesses, including the possibility of a drive-through window. The property boasts a convenient curb cut for easy access, a prominent sign pole for maximum exposure, and ample parking with approximately 20 paved spaces. With an average daily traffic count of 22,000 vehicles, this location provides unparalleled exposure for your business. The property is priced at $435,000, translating to $154.26 per square foot. Its prime location is within walking distance of various amenities, including restaurants, a gym, and several dealerships, ensuring a vibrant and active environment for your business. This owner/user opportunity is perfect for establishing or expanding your presence in a thriving commercial area. Don't miss this chance to secure a high-traffic, high-exposure location for your business.

• CAP approach

  CAP return

  Valuation

  6%

  $968,600

  6.5%

  $894,092

  7%

  $830,228

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,203,398

  Geo Method

  $1,203,398

• Alternative Use

  Use

  Valuation

  Residential

  $754,200

  Hospitality

  $690,843

  Educational

  $574,773

  Medical

  $594,541

  Retail

  $894,092

Location Insight

City

Gastonia

County

Gaston

State

North Carolina

Latitude

35.2554

Longitude

-81.1001

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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