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Property profile & analytics
OFF-MARKET Estimated value $315,000
Turn key restaurants

11315 Independence Blvd Matthews, NC 28105-4713

3,395 SF 0.85 ac lot Built 1984
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US53-1725072
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1984
Total area 3,395 SF
Lot 0.85 ac (36,912 SF)
Zoning code B-H
APN 21510113
UPID US53-1725072
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
  • La lena restaurant and lounge Restaurant
  • República Restaurant & Lounge Restaurant
  • La Lena Dominican Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k
Owner & transaction history
Poulos Ents INC
Poulos Ents INC
1 recorded transaction
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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