1821 Wren TpkeGastonia, NC 28052

Property Details for 1821 Wren Tpke

Year built

2006

Lot size

5.04 AC

Property size (Sq ft)

27,000 SF

Zone code

OFF10

Property type

Retail properties

Property subtype

Banks

APN

100113

APU

100113

Description

This exceptional industrial property, located at 1821 Wren Turnpike in Gastonia, North Carolina, offers a versatile space ideal for various business needs. The building, totaling 27,000 square feet, sits on a generous 5.04 acres of land and is zoned C-3 within Gaston County. Currently, a 3,000-square-foot suite is immediately available for lease, representing a significant portion of the building's total vacant space. The single-story building features a 24-foot ceiling height, providing ample vertical space for storage or operations. Access is facilitated by seven dock-high doors and two drive-in doors, ensuring efficient loading and unloading of goods. The property's flexible nature, encompassing both warehouse and flex space, makes it suitable for a wide range of industrial and commercial uses. The minimum divisible space is 3,000 square feet, offering flexibility for businesses of varying sizes. The property's location in Gastonia, NC, provides convenient access to major transportation routes and a thriving business community. This is a prime opportunity to secure a well-appointed industrial space in a desirable location. The zip code is 28052.

• CAP approach

  CAP return

  Valuation

  6%

  $9,273,826

  6.5%

  $8,560,455

  7%

  $7,948,994

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,521,894

  Geo Method

  $11,521,894

• Alternative Use

  Use

  Valuation

  Residential

  $7,221,064

  Hospitality

  $6,614,456

  Educational

  $5,503,150

  Medical

  $5,692,412

  Retail

  $8,560,455

Location Insight

City

Gastonia

County

Gaston

State

North Carolina

Latitude

35.2834

Longitude

-81.1925

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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