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Property profile & analytics
OFF-MARKET
Estimated value
$255,000
Office buildings
1013 Chestnut Ln Matthews, NC 28104-8566
Entity Owned
7-yr Hold
Free & Clear
Property ID
US53-3919499
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
1,340 SF
Lot
0.03 ac (1,307 SF)
Zoning code
NBD INDIAN TRAIL
APN
07-132-010L05
UPID
US53-3919499
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
-
Chestnut Family and Cosmetic Dentistry Dental Office
-
Rutledge Financial Partners, LLC Financial Advisor
-
Dr. Susan E. Ladd-Snively, MD Pediatrician Physician
-
Chestnut Family Practice, PLLC Medical Clinic
-
Union Family Eye Associates (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$255k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$255k
Owner & transaction history
Ts3 LLC · 7 yrs held
Ts3 LLC
since 2019
3 recorded transactions
Zoning & alternative use
NBD INDIAN TRAIL · Matthews, NC
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Matthews submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Matthews submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$255k
Range $230k – $281k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$190 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,744
Tax year 2023
Assessed value
$329,400
Assessed 2023
Previous assessed
$329,400
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$63,000
Assessed improvement
$266,400
Land market value
$63,000
Improvement market value
$266,400
Total market value
$329,400
Applied tax rate
620.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Heating
YES
Stories
1
Total area
1,340 SF
Lot
0.03 ac (1,307 SF)
Zoning code
NBD INDIAN TRAIL
APN
07-132-010L05
UPID
US53-3919499
Jurisdiction
UNION
Zoning & alternative use
NBD INDIAN TRAIL · Matthews, NCZoning NBD INDIAN TRAIL · permitted uses
NBD INDIAN TRAIL · Matthews, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 5
Building & site characteristics
From public records
Year built
2006
Heating
YES
Stories
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Ts3 LLC
Entity
Free & Clear · 7 yrs held
Mailing address
2604 TWINBERRY LN, WAXHAW, NC 28173-9835
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2019
$225,000
Ts3 LLC
R & B Holdings LLC
Warranty Deed
—
Jun 8, 2017
$222,000
R & B Holdings LLC
Rutledge,johnny & Shirley L
Warranty Deed
related
$170,000 · South St Bk
Jun 27, 2014
$195,000
Shirley L Rutledge
Austin Village LLC
Grant Deed
$195,000 · Lano De Trust (pt)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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