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Property profile & analytics
OFF-MARKET
Strip malls

117 Sadie Dr Matthews, NC 28105-9710

1,966 SF 0.7 ac lot Built 1973
Entity Owned 29-yr Hold Free & Clear
Property ID
US53-2015248
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1973
Total area 1,966 SF
Lot 0.7 ac (30,489 SF)
Zoning code B-1
APN 22701329
UPID US53-2015248
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
  • A & E Ballroom Dance World Training Center
  • AE DJ Productions Nightclub Music Venue
  • The Frollo Self Storage Matthews NC Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
First Baptist Church Of · 29 yrs held
First Baptist Church Of
since 1997
1 recorded transaction
1997
$500,000
Zoning & alternative use
B-1 · Matthews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

be established in the R-15MF, R-12MF, R/I, O, HUC, B-1, SRN, C-MF, MUD, TS, and ENT districts. Child day care facilities with separate standards may be allowed in the CrC district. B. S TANDARDS. 1. Child day care homes and facilities are required to be registered and licensed with the state in accordance with G.S. § 110-101. 2. An off -street drop -off/pick…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 57.48 ac
Source Chapter 5
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