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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Office buildings
11136 Monroe Rd, Matthews, NC 28105-6564
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-0524083
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Total area
974 SF
Lot
0.5 ac (21,718 SF)
Zoning code
B-1(CD)
APN
21301205
UPID
US53-0524083
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
-
Oaklore Distilling Co. Brewery & Distillery Bar & Pub
-
Camps Construction Company Construction Company
-
Good Eats Food Truck Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.07M
Owner & transaction history
Oaklore Capital Group LLC · 2 yrs held
Oaklore Capital Group LLC
since 2023
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
B-1(CD) · Matthews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Matthews submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Matthews submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,105,000
ML approach
$1,130,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±10% · vs last sale $1.02M (Dec 21 2023)
Last sale anchor
$1.02M
Dec 21 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,099 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,929
Tax year 2023
Assessed value
$936,900
Assessed 2024
Previous assessed
$942,400
-0.6% YoY
Effective rate
0.74%
On assessed value
Assessed land
$840,000
Assessed improvement
$96,900
Land market value
$840,000
Improvement market value
$96,900
Total market value
$936,900
Applied tax rate
19.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
974 SF
Lot
0.5 ac (21,718 SF)
Zoning code
B-1(CD)
APN
21301205
UPID
US53-0524083
Jurisdiction
MECKLENBURG
Zoning & alternative use
B-1(CD) · Matthews, NC
Zoning B-1(CD) · permitted uses
B-1(CD) · Matthews, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Matthews. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Oaklore Capital Group LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1415 VANTAGE PARK DR #240, CHARLOTTE, NC 28203-4073
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2024
—
Oaklore Capital Group LLC
—
Deed
related
$2,170,000 · First National Bank Of Pennsylvania
Dec 21, 2023
$1,024,000
Oaklore Capital Group LLC
Do It Live LLC
Warranty Deed
—
Oct 14, 2021
$915,000
Do It Live LLC
Camps LLC
Quit Claim Deed
related
—
Jul 2, 2010
$280,000
Camps LLC
Leslie T Banner
Warranty Deed
$469,500 · American Community Bank
Feb 5, 2007
—
Leslie T Banner
Banner,paul C
Quit Claim Deed
related
—
Oct 7, 1994
—
Hillside Partnership
Banner,paul C
Grant Deed
related
—
Jul 1, 1988
$185,000
C H Properties
Unknown
Grant Deed
—
—
—
Camps LLC
—
Deed Of Trust
related
$460,000 · Branch Banking & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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