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Property profile & analytics
OFF-MARKET Estimated value $695,000
Office buildings

118 Charles St Matthews, NC 28105-4763

3,904 SF 0.11 ac lot Built 1900
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US53-1705350
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Total area 3,904 SF
Lot 0.11 ac (4,832 SF)
Zoning code HUC
APN 21501307
UPID US53-1705350
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
  • The Portrait Gallery Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$620k
CAP Approach CAP
by Request
Comparable Approach Comparable
$640k
Blend (final) Blend
$695k
Owner & transaction history
Ajs Matthews LLC · 4 yrs held
Ajs Matthews LLC
since 2022
Last sale
$520,000
2 recorded transactions
2022
$520,000
1992
$130,000
Zoning & alternative use
HUC · 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 Historic Urban Core
General category CIVIC_INSTITUTIONAL
Zone area 34.80 ac
Source Chapter 5
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