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    Property profile & analytics

    11208 Independence Blvd Matthews, NC 28105-4717

    • Grocery and convenience stores
    • 4,658 SF
    • 1.60 lot acres
    OFF-MARKET
    Value Estimation
    $3,410,000
    Last Sale
    Jul 11, 2023
    $3,311,000
    Location Intelligence
    Property ID
    US53-0752575
    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

    • Exxon / Gas Station
    • Cardtronics ATM / Atm
    • 7-Eleven / Convenience Store
    • TNT Fireworks / Fireworks Store / Store

    Property Details for 11208 Independence Blvd

    Year built
    2000
    Lot size
    1.60 lot acres
    Property size
    4,658 SF
    Zone code
    B2
    Property type
    Grocery and convenience stores
    APN
    21508118
    APU
    21508118

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,470,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,060,000
      6.5%
      $3,385,000
      7%
      $3,445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,140,000
      Geo Method
      $3,530,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,640,000
      Retail
      $3,070,000
      Mixed-Use
      $3,420,000
      Hospitality
      $3,480,000
      Educational
      $3,035,000
      Residential Income
      $2,915,000
      Energy
      $2,965,000
      Income-Based Land
      $3,060,000
      Food Service
      $2,945,000

    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.6982
    Latitude
    35.1183
    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
    $15,256
    $1,395,700
    $667,000
    $2,062,700
    -
    $1,395,700
    $667,000
    $2,062,700

    Comparable in this City

    • Value Estimation by Request
      191,664 SF

      2332 Matthews Township Pkwy

      Individual retail properties • 191,664 SF
      2332 Matthews Township Pkwy, Matthews, NC 28105
      View Details
    • Value Estimation by Request
      3,740 SF

      3424 Matthews Mint Hl Rd

      CONVENIENCE STORE • 3,740 SF
      3424 Matthews Mint Hl Rd, Matthews, NC 28105-3612
      View Details
    • Value Estimation
      $4,705,000
      6,288 SF

      10621 Monroe Rd

      CONVENIENCE STORE • 6,288 SF
      10621 Monroe Rd, Matthews, NC 28105-8396
      View Details
    • Value Estimation by Request
      64,405 SF

      1811 Matthews Township Pkwy

      GROCERY, SUPERMARKET • 64,405 SF
      1811 Matthews Township Pkwy, Matthews, NC 28105-4659
      View Details
    • Value Estimation by Request
      18,646 SF

      555 John St

      GROCERY, SUPERMARKET • 18,646 SF
      555 John St, Matthews, NC 28105
      View Details
    • Value Estimation
      $355,000
      1,748 SF

      4541 Margaret Wallace Rd

      CONVENIENCE STORE • 1,748 SF
      4541 Margaret Wallace Rd, Matthews, NC 28105-0790
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • 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
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    • Contact for pricing
      75,000 SF

      Matthews Retail Space Available

      Prime Matthews storefront, 1,920 sq ft.
      3555 Matthews-Mint Hl Rd, Matthews, NC 28105
      View Details
    • Contact for pricing
      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
      View Details
    • Contact for pricing

      Restaurant Space in Matthews, NC

      2,806 SF former restaurant with patio space for lease.
      Matthews, NC 28105
      View Details
    • Contact for pricing
      9,600 SF

      Matthews Retail & Office Space

      Prime Matthews location, flexible suites.
      1640 Matthews Township Pkwy, Matthews, NC 28105
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    • Contact for pricing
      4,700 SF

      Downtown Matthews Medical Office Space

      Prime Matthews location, 4,700 sq ft available.
      110 John St, Matthews, NC 28105
      View Details

    Property Visit Statistics

    • Visits by month
      21.2k
    • Visitors by month
      17.6k
    • Avg Time on site
      9 min
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    Matthews, NC 28105-4717
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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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