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Property profile & analytics
OFF-MARKET Estimated value $4,025,000
Strip malls

11229 Independence Blvd Matthews, NC 28105-4937

31,733 SF 2.63 ac lot Built 1985
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US53-1004795
Property summary
AI-generated overview

Fullwood Plaza offers exceptional retail and office space for lease in the thriving Matthews, NC market. This mixed-use property, located at 11229 & 11329 E. Independence Blvd and 1544 Matthews-Mint Hill Rd, presents a unique opportunity for businesses seeking high-visibility locations. Currently, there are four available spaces ranging in size from approximately 1,000 square feet to 2,450 square feet, providing flexibility for various business needs. The property's strategic location within Mecklenburg County ensures convenient access to a substantial customer base and a strong workforce. The multiple tenancy structure fosters a vibrant and diverse community within the shopping center, creating a synergistic environment for all occupants. This is an ideal location for businesses seeking high foot traffic and easy access to major transportation routes. The available spaces are ready for immediate occupancy, allowing businesses to quickly establish their presence and begin operations. Fullwood Plaza offers a compelling investment opportunity for businesses looking to thrive in a dynamic and growing area. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 31,733 SF
Lot 2.63 ac (114,345 SF)
Zoning code B-H
APN 21510102
UPID US53-1004795
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
  • Citgo FULLWOOD EXPRESS (Bike/Boat/Book/etc) Store
  • Prestige Hair Salon and Barbershop Hair Salon
  • Webtax - Seasonal Office Tax Preparation
  • American Back Care Chiropractic Matthews Alternative Medicine Practice
  • Bitcoin of America ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.03M
Owner & transaction history
Gallis Props Of Independence LLC · 8 yrs held
Gallis Props Of Independence LLC
since 2017
2 recorded transactions
2017
Price N/A
1969
Price N/A
Zoning & alternative use
B-H · Matthews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

apply to the B-H District. Uses allowed within the B-H district are given in the Table of Allowed Uses at § 155.505.2. Supplementary standards which may be applicable to certain uses within the B -H district are listed at § 155.506. 155.502.15. Light Industrial District (I-1) A. The Light Industrial District is established to create and protect industrial ar…

Zone name Highway Business
General category COMMERCIAL
Zone area 108.64 ac
Source Chapter 5
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