Property profile

10501 Monroe Rd Matthews, NC 28105

OFF-MARKET
Warehouses
Property ID
US53-0096410
6,000 SF 0.83 ac lot Built 1974
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,000-square-foot industrial warehouse, situated on a 0.83-acre lot in Matthews, North Carolina, presents a unique investment opportunity. Completely renovated in 2018, this single-tenant property boasts brand-new HVAC and electrical systems, ensuring efficient and reliable operation. The building features attractive oversized brick walls, polished concrete floors, and ADA-compliant restrooms, creating a functional and inviting workspace. The interior layout includes four individual offices, offering versatile space planning options. Loading and unloading is facilitated by both dock-high and grade-level doors. Adding to its appeal, the property includes a large electric fence, ideal for enhanced security and outdoor storage. Zoned I-1, this property is approved for automotive use, making it perfectly suited for a variety of industrial or automotive businesses. The property is located at 10501 Monroe Rd, Matthews, NC 28105, in Mecklenburg County. This turnkey facility offers a blend of modern updates and durable construction, providing a compelling opportunity for businesses seeking a prime location in a thriving area. The building is a single-story structure built in 1973. Ample parking is available on-site.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Total area 6,000 SF
Lot 0.83 ac (36,077 SF)
Zoning code I-1
APN 19355103
UPID US53-0096410

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop Motorcycle Shop

Location

10501 Monroe Rd Matthews, NC 28105-8395
Matthews metro Census 5866 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2025
Last sale
$2.2M
7 recorded transactions
2026
Price N/A
2025
$2.2M
2025
Price N/A
2024
Price N/A
2018
Price N/A
2016
$825,000
2005
$525,000

Zoning & alternative use

I-1 · Matthews, NC
Zoning description

155.502.15. Light Industrial District (I-1) A. The Light Industrial District is established to create and protect industrial areas for the provision of light manufacturing and the distribution of products at wholesale. T…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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