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Financial
Distress signals
Property profile

11135 Monroe Rd Matthews, NC 28105

OFF-MARKET
Other warehouses
Property ID
US53-0522506
38,753 SF 1.48 ac lot Built 1983
Last sale Nov 2024 · $8,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 52,223-square-foot flex building constructed in 1983, featuring 5,741 square feet of office space with exposed brick and hardwood flooring. The main warehouse level provides 29,958 square feet with four loading docks, one high door, and one drive-in roll-up door. A 16,524-square-foot lower-level warehouse includes a separate drive-in roll-up door, a bathroom, and rear parking, supporting distinct use within the building. The property is situated on a corner off Hwy 51 in Matthews with access…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value · 2024$1.84M
Assessed land$739k
Assessed improvement$1.10M
Effective rate0.74%

Value estimate

· Oct 2026
$755k
$680k – $831k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$121/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$86 – $170
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-1
The Light Industrial District is established to create and protect industrial areas for the provision of light manufacturing and the dist...
General categoryINDUSTRIAL
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop13.2
Auto Parts Store12.3
Convenience Store11.4

Location

11135 Monroe Rd Matthews, NC 28105-6564
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3240 Campus Rdg, Matthews, NC 28105 $687,000 Jun 2025 13,200 SF
529 Crestdale, Matthews, NC 28105 $5,100,000 Jun 2024 51,075 SF
700 Sam Newell, Matthews, NC 28105-4515 $7,000,000 Feb 2024 75,251 SF
1121 Industrial, Matthews, NC 28105-5312 $1,425,000 Dec 2022 13,930 SF
640 Matthews Mint Hl, Matthews, NC 28105-1846 $2,000,000 Jun 2022 17,922 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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