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    405 Shrewsbury Ln, Unit Matthews Matthews, NC 28105

    For Sale
    $425,000

    9.480-acre parcel in Matthews, ideal for estate or development.

    Property Features for 405 Shrewsbury Ln

    General Information

    Standard status
    Active

    Source: UNITED REAL ESTATE-QUEEN CITY Agent HOMAM ABDUL RAHMAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Expansive Land Parcel in Matthews

    This 9.480-acre parcel is located in Matthews. The property is positioned in a growing area and offers potential for a private estate or future development. The location provides a blend of privacy and convenience, with proximity to shopping, dining, and schools.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7343459
    Latitude
    35.1071493

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    FAQs

    What type of property is this?
    Land - 9.480-acre parcel in Matthews, ideal for estate or development.
    Where is this land located?
    The property is located at 405 Shrewsbury Ln, Unit Matthews Matthews, NC.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Large 9.480-acre parcel offers significant space and potential.; - Located in the desirable and rapidly growing area of Matthews.; - Ideal for a private estate or future development.
    (704) 628-7653
    Request Owner's contact information
    405 Shrewsbury Ln, Unit Matthews 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
    405 Shrewsbury Ln, Unit Matthews Matthews, NC 28105
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