Property profile

650 Union Rd Matthews, NC 28104

OFF-MARKET
Residential land & home lots
Property ID
US53-Q018087
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Property summary

AI-generated overview

Price Reduction! Private and wooded 11.6-acre tract in Matthews, NC (Union County) with residential zoning and excellent road frontage. Ideal for a single estate, family compound, or small development. Seller willing to subdivide into four buildable lots: 2.7, 3.6, 3.2, and 2.2 acres. A 4-bedroom building permit is already approved for the 2.7-acre lot. Soil evaluation required for septic. Seller financing available. Conveniently located near Union County Public Schools, parks, golf courses, grocery stores, restaurants, Houses of Worship, Concord Mills, and Novant Mint Hill Medical Center. A rare opportunity for privacy and flexibility in a prime location.

Property profile

Verified
Property type Residential land & home lots
UPID US53-Q018087

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

650 Union Rd Matthews, NC 28104
Matthews metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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