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    Property profile & analytics

    10725 Monroe Rd Matthews, NC 28105

    • Auto shops
    • 5,604 SF
    • 1.09 lot acres
    OFF-MARKET
    Value Estimation
    $2,825,000
    Last Sale
    Oct 19, 2021
    $2,600,000
    Location Intelligence
    Property ID
    US53-0791658
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Woodie's Auto Service® and Repair Centers / Auto Repair Shop

    Property Details for 10725 Monroe Rd

    Year built
    2020
    Lot size
    1.09 lot acres
    Property size
    5,604 SF
    Zone code
    I-1
    Property type
    Auto shops
    APN
    19321144
    APU
    19321144

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,875,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,675,000
      6.5%
      $2,440,000
      7%
      $2,900,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,930,000
      Geo Method
      $2,430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,720,000
      Retail
      $2,300,000
      Mixed-Use
      $2,300,000
      Hospitality
      $2,570,000
      Educational
      $2,725,000
      Residential Income
      $2,590,000
      Energy
      $2,830,000
      Income-Based Land
      $2,915,000
      Food Service
      $2,960,000

    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7305
    Latitude
    35.1277
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,102
    $1,414,200
    $1,033,300
    $2,447,500
    -
    $1,414,200
    $1,033,300
    $2,447,500

    Comparable in this City

    • Value Estimation
      $490,000
      9,798 SF

      1331 Matthews Mint Hl Rd

      AUTO REPAIR, GARAGE • 9,798 SF
      1331 Matthews Mint Hl Rd, Matthews, NC 28105
      View Details
    • Value Estimation by Request
      6,231 SF

      1601 Matthews Mint Hl Rd

      AUTO REPAIR, GARAGE • 6,231 SF
      1601 Matthews Mint Hl Rd, Matthews, NC 28105-4652
      View Details
    • Value Estimation by Request
      8,192 SF

      1625 Windsor Sq Dr

      AUTO REPAIR, GARAGE • 8,192 SF
      1625 Windsor Sq Dr, Matthews, NC 28105-4907
      View Details
    • Value Estimation
      $335,000
      1,389 SF

      9016 Boyd Dr

      AUTO REPAIR, GARAGE • 1,389 SF
      9016 Boyd Dr, Matthews, NC 28105-4526
      View Details
    • Value Estimation by Request
      3,750 SF

      1529 Industrial Dr

      AUTO REPAIR, GARAGE • 3,750 SF
      1529 Industrial Dr, Matthews, NC 28105-5314
      View Details
    • Value Estimation
      $430,000
      5,512 SF

      311 Trade St

      AUTO REPAIR, GARAGE • 5,512 SF
      311 Trade St, Matthews, NC 28105
      View Details

    Similar Nearby for Sale

    • $4,995,000
      1.61 Acres

      Matthews Commercial Property Investment

      High-Visibility Matthews Location, Endless Potential
      200 Matthews St, Matthews, NC 28105
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      Charming Home with Cozy Fireplace

      Charming home featuring a fireplace and natural color palette.
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      Matthews Specialty Property For Sale

      Specialty property available in Matthews, North Carolina.
      1912 E John St, Matthews, NC 28105
      View Details
    • $470,000
      1.03 Acres

      Residential Land Approved For Development

      1.03-acre lot approved for four attached townhome condos.
      1718 Matthews Mint Hill Rd, Matthews, NC 28105
      View Details
    • $3,900,000

      Matthews Land: 10.4 Acres

      Prime Matthews development land, I-485 access.
      1904 John St, Matthews, NC 28105
      View Details
    • $1,600,000
      1.30 Acres

      Downtown Matthews Business Opportunity

      High-Cashflow Warehouse, Prime Location
      528 Charles St, Matthews, NC 28105
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Restaurant Space in Matthews, NC

      2,806 SF former restaurant with patio space for lease.
      Matthews, NC 28105
      View Details
    • Contact for pricing
      75,000 SF

      Matthews Retail Space Available

      Prime Matthews storefront, 1,920 sq ft.
      3555 Matthews-Mint Hl Rd, Matthews, NC 28105
      View Details
    • Contact for pricing
      9,600 SF

      Matthews Retail & Office Space

      Prime Matthews location, flexible suites.
      1640 Matthews Township Pkwy, Matthews, NC 28105
      View Details
    • Contact for pricing
      191,664 SF

      Matthews Corners Retail Space

      Prime Matthews location, 1,693 sq ft available.
      2332 Matthews Township Pkwy, Matthews, NC 28105
      View Details
    • Contact for pricing
      4,700 SF

      Downtown Matthews Medical Office Space

      Prime Matthews location, 4,700 sq ft available.
      110 John St, Matthews, NC 28105
      View Details
    • Contact for pricing

      Retail Center Anchored by Harris Teeter

      128,651 SF neighborhood center at a major intersection.
      1811 Matthews Township Pkwy, Matthews, NC 28105
      View Details

    Property Visit Statistics

    • Visits by month
      20.7k
    • Visitors by month
      15.4k
    • Avg Time on site
      20 min
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    10725 Monroe Rd
    Matthews, NC 28105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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