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Property profile & analytics
OFF-MARKET Estimated value $5,370,000
Day care centers

10836 Monroe Rd Matthews, NC 28105-7305

10,640 SF 2.11 ac lot Built 2007
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US53-5811038
Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 2007
Total area 10,640 SF
Lot 2.11 ac (91,824 SF)
Zoning code B-1
APN 21301215
UPID US53-5811038
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
  • Harbor View Creative Learning Center Daycare Center
  • Children's Lighthouse Matthews Daycare Center
  • Carolina Learning Academy Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.38M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.38M
Blend (final) Blend
$5.37M
Owner & transaction history
Eisman Albaum Property LLC · 3 yrs held
Eisman Albaum Property LLC
since 2022
Last sale
$5.4M
7 recorded transactions
2022
$5.4M
2020
Price N/A
2020
Price N/A
2020
$2.9M
2018
Price N/A
2006
$670,000
2005
$550,000
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
Top alternative use upside
Commercial (general) $6.9M +183.6%
Restaurant $6.3M +160.0%
Medical building $3.8M +58.5%
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