Gastonia, NC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Gastonia, North Carolina Market population: 72K. Compare commercial properties across all major asset classes...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Gastonia NC Properties: 1.7400%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Gastonia NC
Common questions from investors exploring commercial real estate in Gastonia NC.
What is the overall investment potential of Gastonia, NC, considering its demographic and economic factors?
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The city's median household income of $40,053, combined with a poverty rate of 17.9% and a high health insurance coverage of 87.2%, suggests a relatively stable market with a mix of working-class and middle-class residents. The top industries, including Finance & Insurance and Public Administration, also indicate a diverse economy, which can contribute to a stable rental market. Additionally, the average commute time of 23.7 minutes and the top commute methods, such as driving alone and carpooling, suggest a relatively convenient location for residents.
How does the ethnic diversity and income inequality in Gastonia, NC, impact the real estate market?
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The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, can contribute to a vibrant and dynamic community, which can be attractive to renters and buyers. However, the income inequality, as indicated by a GINI coefficient of 0.477, may lead to a disparity in housing affordability and access to quality properties. The median property value of $135,900 and median property taxes of $14,925 may be out of reach for some residents, particularly those in the lower income brackets.
What are the key factors that influence the quality of life in Gastonia, NC, and how do they impact real estate investment?
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The average commute time of 23.7 minutes, top commute methods, and health insurance coverage of 87.2% all contribute to a relatively high quality of life in Gastonia, NC. These factors can attract residents who value convenience, affordability, and access to healthcare, making the city an attractive location for real estate investment. Additionally, the city's median age of 36.6 and employed population of 30,273 suggest a relatively stable and growing workforce, which can support a strong rental market.
How does the poverty rate and health insurance coverage in Gastonia, NC, affect the tenant quality and rental market?
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The poverty rate of 17.9% in Gastonia, NC, combined with a high health insurance coverage of 87.2%, suggests that while there may be some challenges with tenant quality, the overall market is relatively stable. The health insurance coverage indicates that many residents have access to employment and healthcare, which can contribute to a more reliable rental income stream. However, the poverty rate may still pose some risks, and investors should carefully evaluate the local market and tenant pool before making an investment decision.
What are the implications of the top industries and ethnic diversity in Gastonia, NC, for real estate market demand and growth?
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The top industries in Gastonia, NC, including Finance & Insurance and Public Administration, suggest a diverse and relatively stable economy, which can contribute to a strong demand for housing. The ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, can also attract a diverse range of residents and businesses, leading to a vibrant and dynamic community. This can drive up demand for housing and support long-term growth in the real estate market, making Gastonia, NC, an attractive location for investors looking for a stable and growing market.
Gastonia NC Real Estate & City Facts
Key facts and real estate information about Gastonia NC.
What are some of the best neighborhoods to live in Gastonia?
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Some of the best neighborhoods to live in Gastonia include Gardner Park, Armstrong Park, Kendrick Farms, Sedgefield, Downtown Gastonia, Martha's Ridge, Cramer Woods, Kendrick Place, Bethesda Oaks, and Gardner Park. These neighborhoods offer a range of housing options, from established, walkable neighborhoods with tree-lined streets to more urban areas with a mix of old and new homes.
What are some fun things to do in Gastonia?
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There are plenty of fun things to do in Gastonia, including visiting the Schiele Museum of Natural History, Rankin Lake Park, George Poston Park, District 57, Carhartt Mansion Ruins, House of Purge, Classic Arcade & Pinball Museum, Museum of Illusions, Ladybug Farms and Bakery, and the Garibaldi Festival. You can also explore the downtown areas of some of the smaller townships, such as Gaston County, which offers a range of attractions and activities.
What is the food scene like in Gastonia?
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The food scene in Gastonia is diverse and vibrant, with a range of restaurants serving everything from upscale American cuisine to cozy wine bars and barbecue joints. Some popular restaurants include Webb Custom Kitchen, Constantine’s Restaurant, Whiskey Mill Gastonia, Ray's Country Smokehouse-Grill, Kyle Fletcher's BBQ & Catering, The Smoke Pit, Jia Asian Fusion & Sushi Bar, Texas Roadhouse, and lotus bar & eatery. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Gastonia?
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The pros of living in Gastonia include its affordable housing, low cost of living, and range of outdoor recreational activities, such as hiking and fishing. However, some cons include the city's limited job opportunities, traffic congestion, and limited public transportation options. Additionally, some areas of the city may have higher crime rates, so it's essential to research neighborhoods thoroughly before deciding where to live.
Is Gastonia a good place to live?
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Gastonia can be a good place to live, depending on your individual preferences and priorities. The city offers a range of benefits, including its affordable housing, low cost of living, and outdoor recreational activities. However, it may not be the best fit for everyone, particularly those looking for a more urban lifestyle or a wider range of job opportunities. Ultimately, whether Gastonia is a good place to live depends on your personal circumstances and what you're looking for in a city.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Gastonia NC Commercial Property: $40,053
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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