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Property profile & analytics
OFF-MARKET Estimated value $1,330,000
Strip malls

100 John St Matthews, NC 28105-5476

8,520 SF 0.28 ac lot Built 1923
Individually Owned 20-yr Hold Free & Clear
Property ID
US53-0452069
Property summary
AI-generated overview

This exceptional 0.639-acre commercial property presents a prime retail opportunity in the heart of Downtown Matthews, North Carolina. Located at the signalized hard corner of East John Street and Trade Street, this high-visibility site boasts excellent exposure to a substantial daily traffic volume. The property includes a 2,040-square-foot former convenience store building, offering immediate potential for redevelopment or repurposing. Its strategic location offers unparalleled accessibility, situated approximately 1.12 miles from the I-485 Interchange (Exit 52) and just 0.55 miles from Highway 51 (Pineville Matthews Road). The property's zoning designation is HUC (Historic Urban Core District), presenting unique development possibilities within the vibrant Matthews community. This is an ideal investment for entrepreneurs seeking a high-traffic location with significant redevelopment potential. The address is 100 E John St, Matthews, NC 28105, within Mecklenburg County. The property's size and location make it an attractive option for a variety of retail uses, capitalizing on the strong local economy and high pedestrian traffic. This is a rare opportunity to acquire a well-positioned commercial property in a thriving downtown area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1923
Total area 8,520 SF
Lot 0.28 ac (12,208 SF)
Zoning code HUC
APN 19326204
UPID US53-0452069
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Eleven Mass Media Data Center IT Consulting Firm
  • Downtown Matthews Business Service Center Corporate Office
  • AAA Collectibles Inc (Bike/Boat/Book/etc) Store
  • Ripple Fiber Telecommunications Service Data Center
  • ATM Circle K 3925 Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.33M
Owner & transaction history
Maria Katopodis · 20 yrs held
Maria Katopodis
since 2006
3 recorded transactions
2006
Price N/A
1999
$800,000
1969
Price N/A
Zoning & alternative use
HUC · Matthews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

be established in the R-15MF, R-12MF, R/I, O, HUC, B-1, SRN, C-MF, MUD, TS, and ENT districts. Child day care facilities with separate standards may be allowed in the CrC district. B. S TANDARDS. 1. Child day care homes and facilities are required to be registered and licensed with the state in accordance with G.S. § 110-101. 2. An off -street drop -off/pick…

Zone name Historic Urban Core
General category CIVIC_INSTITUTIONAL
Zone area 34.80 ac
Source Chapter 5
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