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    200 Matthews St Matthews, NC 28105

    Sponsored
    For Sale
    $4,995,000

    1.61 Acres, High-Visibility Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.61-acre commercial land parcel, located at 200 and 208 E Matthews Street in Matthews, North Carolina (zip code 28105), presents a compelling investment opportunity. Priced at $4,995,000, the property boasts a highly desirable location within a thriving commercial district, ensuring excellent visibility and accessibility. The permitted zoning is HUC, offering versatility for a range of commercial uses. The property's ample size allows for substantial development potential, catering to businesses requiring significant space. The seller has owned the property for at least one year. The parcel includes two APNs: 21501225 and 21501277. Any existing building on the property conveys at no value. This prime location in Mecklenburg County offers unparalleled potential for growth and success, making it an ideal investment for discerning buyers seeking a strategic foothold in a bustling market. The property's high visibility and convenient access make it suitable for a variety of commercial ventures, including but not limited to grocery stores and restaurants. This is a rare opportunity to acquire a significant commercial land holding in a prime Matthews location.

    Property Features for 200 Matthews St

    General Information

    Property type
    Land
    Lot Size
    70,132 SF

    HighLights

    • 1.61‑acre commercial land parcel in Matthews, NC (28105), listed at $4,995,000.
    • Highly desirable location in a thriving commercial district with excellent visibility and accessibility.
    • HUC zoning allows for versatile commercial development.
    • Ample space for substantial development.
    • Seller owned for over one year; includes APNs 21501225 and 21501277; any existing buildings convey at no value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rose M. Leday, ... Psychiatrist East Coast Acquisition Telecommunications Service Provider Rose Marie Leday Psychologist Umami Sushi & Grill Japanese Restaurant Howell James D Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Spa & Massage 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
    -80.7195793
    Latitude
    35.1174446

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    FAQs

    What type of property is this?
    Land - 1.61 Acres, High-Visibility Location
    Where is this land located?
    The property is located at 200 Matthews St Matthews, NC.
    What is the asking price?
    The asking price for this property is $4,995,000.
    What are key features of this property?
    This property features: 1.61-acre commercial land parcel in Matthews, NC (28105), listed at $4,995,000.; Highly desirable location in a thriving commercial district with excellent visibility and accessibility.; HUC zoning allows for versatile commercial development.
    Request Owner's contact information
    200 Matthews 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
    200 Matthews St Matthews, NC 28105
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