Property summary
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
VerifiedCap rate & NOI
Current use
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Auto Repair Shop Motorcycle Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Matthews, NC155.502.15. 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-1 in Matthews, NC.
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