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Property profile & analytics
OFF-MARKET Estimated value $3,845,000
Office buildings

10801 Monroe Rd Matthews, NC 28105-8335

20,692 SF 1.67 ac lot Built 2002
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US53-0452059
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2002
Total area 20,692 SF
Lot 1.67 ac (72,919 SF)
Zoning code B-1
APN 19321103
UPID US53-0452059
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
  • Browder Engineering Structural Engineer
  • Vocation Rehabilitation Services Medical Clinic
  • Everett Allen Physician
  • Jonathan Stoudmire, MD Physician
  • StayAPT Suites Headquarters Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.91M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.08M
Blend (final) Blend
$3.85M
Owner & transaction history
Matthews Office Building LP · 6 yrs held
Matthews Office Building LP
since 2020
Last sale
$2.4M
5 recorded transactions
2020
Price N/A
2020
$2.4M
2017
Price N/A
1992
Price N/A
1969
Price N/A
Zoning & alternative use
B-1 · 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 Neighborhood Business
General category COMMERCIAL
Zone area 57.48 ac
Source Chapter 5
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