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    3006 Campus Ridge Rd Matthews, NC 28105

    Sponsored
    For Sale
    $500,000

    Prime 1-acre lot, rezoning potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1-acre commercial property in Matthews, NC, presents a unique investment opportunity. Situated at the corner of Campus Ridge Road and CPCC Lane, it enjoys a fantastic location directly across from Central Piedmont Community College's Levine Campus and just 1.3 miles from the new Atrium Health Union West Hospital. The property currently includes an existing garage/building, adding immediate value and potential for repurposing. Two wells and a septic tank are already in place. Currently zoned R20 (residential), the property offers significant potential for rezoning to a mixed-use commercial designation. Preliminary discussions with the Town of Matthews Planning & Development Department suggest suitability for various commercial uses, including but not limited to business offices, medical facilities, car lots, and retail establishments such as coffee shops. Prospective buyers are encouraged to contact the Town of Matthews Planning & Development Department at 704-847-4411 for detailed information regarding building restrictions, land usage, and the rezoning process. This property's prime location and rezoning potential make it an ideal investment for developers and entrepreneurs seeking a high-visibility site in a rapidly growing area. The asking price is $500,000.

    Property Features for 3006 Campus Ridge Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.69339
    Latitude
    35.10246

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1-acre lot, rezoning potential.
    Where is this commercial real estate located?
    The property is located at 3006 Campus Ridge Rd Matthews, NC.
    What is the asking price?
    The asking price for this property is $500,000.
    (704) 684-1000
    Request Owner's contact information
    3006 Campus Ridge Rd Matthews, NC 28105
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    Matthews, NC 28105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3006 Campus Ridge Rd Matthews, NC 28105
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