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    1904 John St Matthews, NC 28105

    Sponsored
    For Sale
    $3,900,000

    Prime Matthews development land, I-485 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10.4-acre parcel presents a rare development opportunity in Matthews, North Carolina. Strategically located off I-485 Exit 52 on East John Street, this site benefits from unparalleled accessibility and high visibility. The ongoing road widening project on East John Street significantly improves ingress and egress, enhancing the property's value and appeal for future development. This is one of the last remaining undeveloped tracts in this rapidly growing corridor, making it an ideal investment for developers seeking a prime location with strong potential for commercial and/or residential projects. The property is situated in Mecklenburg County, with a 28105 zip code, offering easy access to major transportation arteries and a thriving community. The asking price for this exceptional land opportunity is $3,900,000. Its location and accessibility make it a highly desirable site for a variety of development projects, capitalizing on the area's robust growth and demand. The property's size and location offer significant potential for substantial returns on investment. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a premier development site in a highly sought-after location.

    Property Features for 1904 John St

    General Information

    Property type
    Land

    HighLights

    • 10.4‑acre development opportunity in Matthews, NC.
    • Asking price: $3,900,000.
    • Located on E John St, near I‑485 Exit 52.
    • Road widening project underway improving access.
    • One of the last undeveloped sites in this area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7063463
    Latitude
    35.0964194

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    FAQs

    What type of property is this?
    Land - Prime Matthews development land, I-485 access.
    Where is this land located?
    The property is located at 1904 John St Matthews, NC.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: 10.4-acre development opportunity in Matthews, NC.; Asking price: $3,900,000.; Located on E John St, near I-485 Exit 52.
    Request Owner's contact information
    1904 John St 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
    1904 John St Matthews, NC 28105
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