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    Property profile & analytics

    11100 Monroe Rd Matthews, NC 28105-1311

    • Strip malls
    • 21,804 SF
    • 1.88 lot acres
    OFF-MARKET
    Value Estimation
    $3,690,000
    Last Sale
    Oct 18, 2024
    $3,700,000
    Location Intelligence
    Property ID
    US53-1719474
    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

    • FASHION2DIE4.COM / Wood And Laminate Flooring Supplier / Construction Company
    • Custom Millwork & Flooring / Cabinet Store / Countertop Store
    • Perfect 10 Spa / Spa / Massage Therapist
    • Forever Yours Tattoo Gallery / Tattoo Shop / Body Piercing Shop
    • Buy Brazilian Jeans & Fashion Store USA / Shoe Store / Sportswear Store

    Property Details for 11100 Monroe Rd

    Year built
    1985
    Lot size
    1.88 lot acres
    Property size
    21,804 SF
    Zone code
    B-1
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    21301208
    APU
    21301208

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,700,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,420,000
      6.5%
      $3,975,000
      7%
      $4,120,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,910,000
      Geo Method
      $3,620,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,815,000
      Retail
      $3,255,000
      Mixed-Use
      $3,925,000
      Hospitality
      $3,440,000
      Educational
      $3,270,000
      Residential Income
      $2,960,000
      Energy
      $3,325,000
      Income-Based Land
      $3,910,000
      Food Service
      $3,860,000

    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7298
    Latitude
    35.1231
    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
    $27,968
    $2,030,700
    $1,750,800
    $3,781,500
    -
    $2,030,700
    $1,750,800
    $3,781,500

    Comparable in this City

    • Value Estimation by Request
      96,862 SF

      10052 Independence Blvd

      SHOPPING CENTER, STRIP CENTER • 96,862 SF
      10052 Independence Blvd, Matthews, NC 28105-4620
      View Details
    • Value Estimation by Request
      138,344 SF

      11416 Independence Blvd

      SHOPPING CENTER, STRIP CENTER • 138,344 SF
      11416 Independence Blvd, Matthews, NC 28105-4946
      View Details
    • Value Estimation
      $1,470,000
      6,890 SF

      1641 Matthews Township Pkwy

      SHOPPING CENTER, STRIP CENTER • 6,890 SF
      1641 Matthews Township Pkwy, Matthews, NC 28105-5927
      View Details
    • Value Estimation by Request
      10,320 SF

      10915 Monroe Rd

      SHOPPING CENTER, STRIP CENTER • 10,320 SF
      10915 Monroe Rd, Matthews, NC 28105-7308
      View Details
    • Value Estimation by Request
      16,956 SF

      131 Matthews Sta St

      SHOPPING CENTER, STRIP CENTER • 16,956 SF
      131 Matthews Sta St, Matthews, NC 28105-6784
      View Details
    • Value Estimation by Request
      29,325 SF

      855 Sam Newell Rd

      SHOPPING CENTER, STRIP CENTER • 29,325 SF
      855 Sam Newell Rd, Matthews, NC 28105-7593
      View Details

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      Residential Land Approved For Development

      1.03-acre lot approved for four attached townhome condos.
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      Matthews Land: 10.4 Acres

      Prime Matthews development land, I-485 access.
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      Downtown Matthews Business Opportunity

      High-Cashflow Warehouse, Prime Location
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Center Anchored by Harris Teeter

      128,651 SF neighborhood center at a major intersection.
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      Prime Matthews location, high traffic area.
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      27,000 SF

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      Restaurant Space in Matthews, NC

      2,806 SF former restaurant with patio space for lease.
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      1,780 SF

      Retail Space Near Matthews Hospital

      Retail space with dedicated parking and high-traffic location.
      1643-1645 Matthews Township Pkwy, Matthews, NC 28105
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    • 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

    Property Visit Statistics

    • Visits by month
      17.0k
    • Visitors by month
      13.5k
    • Avg Time on site
      59 min
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    11100 Monroe Rd
    Matthews, NC 28105-1311
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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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