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    Property profile & analytics

    1122 Industrial Dr Matthews, NC 28105-5419

    • Office buildings
    • 4,418 SF
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US53-5652086
    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

    • American Singles Golf Association / Association / Organization
    • Carolinas Dynamic Realty / Real Estate Agency / Property Management Company
    • C & D Landscapes Inc / Landscape Designer
    • EverGlow NA Inc. / Building Materials Supplier / Lighting Manufacturer
    • K & L Freight Management Inc / Trucking Company

    Property Details for 1122 Industrial Dr

    Year built
    1970
    Lot size
    0.87 lot acres
    Property size
    4,418 SF
    Zone code
    I-1
    Property type
    Office buildings
    APN
    19321135
    APU
    19321135

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $475,000
      6.5%
      $435,000
      7%
      $415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $450,000
      Retail
      $360,000
      Mixed-Use
      $435,000
      Hospitality
      $360,000
      Educational
      $375,000
      Residential Income
      $350,000
      Energy
      $420,000
      Income-Based Land
      $440,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7266
    Latitude
    35.128
    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
    $6,949
    $645,000
    $294,600
    $939,600
    -
    $645,000
    $294,600
    $939,600

    Comparable in this City

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      1031 Matthews Mint Hl Rd

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      7,806 SF

      2559 Plantation Ctr Dr

      OFFICE BUILDING • 7,806 SF
      2559 Plantation Ctr Dr, Matthews, NC 28105-5298
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    • Value Estimation
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      800 SF

      126 Covenant Church Ln

      OFFICE BUILDING • 800 SF
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      View Details
    • Value Estimation
      $405,000
      1,940 SF

      12901 Hashanli Pl

      OFFICE BUILDING • 1,940 SF
      12901 Hashanli Pl, Matthews, NC 28105-3551
      View Details
    • Value Estimation
      $400,000
      902 SF

      1031 Industrial Dr

      OFFICE BUILDING • 902 SF
      1031 Industrial Dr, Matthews, NC 28105
      View Details

    Similar Nearby for Sale

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    • $500,000
      1.00 Acre

      Matthews Commercial Land Opportunity

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      9.480-acre parcel in Matthews, ideal for estate or development.
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    • $4,000,000
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      Land in Matthews, North Carolina

      Land with development potential near Mint Hill and Matthews.
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      Land in Growing Matthews Area

      Versatile land parcel in Matthews, ideal for custom estate.
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    Similar Nearby for Lease

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      Prime Matthews location, multiple suites available.
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      6,000 SF

      Matthews Executive Suites - For Lease

      Prime Downtown Matthews Office Space
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      View Details
    • Contact for pricing
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      Downtown Matthews Medical Office Space

      Prime Matthews location, 4,700 sq ft available.
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      View Details
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    1122 Industrial Dr
    Matthews, NC 28105-5419
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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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