Financial
Distress signals
Property profile

1200 Industrial Dr Matthews, NC 28105

OFF-MARKET
Other warehouses
Property ID
US53-2143444
10,700 SF 1.3 ac lot Built 1970
Last sale Jan 2026 · $1,390,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 10,700-square-foot flex building is configured to combine industrial space with customer-facing showroom and office areas. A 4,000-square-foot showroom is located at the front of the building, forming a distinct front-of-house component, while the remainder of the structure provides work space suited to industrial and flex-oriented operations. Outdoor land to the rear of the building offers additional space that can be used for parking and/or storage. The property is located in Matthews,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value · 2024$1.12M
Assessed land$787k
Assessed improvement$335k
Effective rate0.74%

Value estimate

· Sep 2026
$320k
$288k – $352k
CAP approach$1.12M
Submarket $/SF estimate$1.26M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$121/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$86 – $170
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-1
The Light Industrial District is established to create and protect industrial areas for the provision of light manufacturing and the dist...
General categoryINDUSTRIAL
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop9.0
Convenience Store8.9
Watch Repair Shop8.9

Location

1200 Industrial Dr Matthews, NC 28105-5306
County assessor Recorded deeds · 5 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3240 Campus Rdg, Matthews, NC 28105 $687,000 Jun 2025 13,200 SF
520 Charles, Matthews, NC 28105-4788 $1,300,000 May 2024 12,025 SF
1400 Industrial, Matthews, NC 28105-5308 $1,500,000 Nov 2022 10,200 SF
1304 Industrial, Matthews, NC 28105-5307 $1,800,000 Jul 2022 12,900 SF
656 Matthews Mint Hl, Matthews, NC 28105-1852 $2,000,000 Jun 2022 8,928 SF
1508 Industrial, Matthews, NC 28105-5313 $1,845,000 Dec 2021 12,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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