Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,840,000
Retail space
1323 Matthews Mint Hl Rd Matthews, NC 28105-2309
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US53-1946386
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Total area
27,292 SF
Lot
2.76 ac (120,313 SF)
Zoning code
B1
APN
19328221
UPID
US53-1946386
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.84M
Owner & transaction history
Emanuel Properties LLC · 19 yrs held
Emanuel Properties LLC
since 2007
7 recorded transactions
Zoning & alternative use
B1 · Matthews, NC
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Matthews submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Matthews submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,570,000
6.5%
$5,140,000
7%
$4,775,000
Blend value · Realmo final
$3.84M
Range $3.46M – $4.22M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$141 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$36,966
Tax year 2023
Assessed value
$4,998,100
Assessed 2024
Previous assessed
$5,340,200
-6.4% YoY
Effective rate
0.74%
On assessed value
Assessed land
$1,729,700
Assessed improvement
$3,268,400
Land market value
$1,729,700
Improvement market value
$3,268,400
Total market value
$4,998,100
Applied tax rate
19.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1983
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
1
Units
1
Rooms
3
Total area
27,292 SF
Lot
2.76 ac (120,313 SF)
Zoning code
B1
APN
19328221
UPID
US53-1946386
Jurisdiction
MECKLENBURG
Zoning & alternative use
B1 · Matthews, NCZoning B1 · permitted uses
B1 · Matthews, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 5
Building & site characteristics
From public records
Year built
1983
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Units
1
Rooms
3
Lot
2.76 ac
Current owner
From public records · entity-resolved
Emanuel Properties LLC
Entity
Mailing address
2280 NW 16TH ST, POMPANO BEACH, FL 33069-1517
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2018
—
Emanuel Properties LLC
—
Deed
related
$1,920,000 · Community First Bk
Mar 27, 2007
$2,440,000
Emanuel Properties LLC
Barwick & Associates LLC
Warranty Deed
$1,800,000 · Regions Bank
May 16, 2005
—
Barwick & Associates LLC
—
Trustees Deed
related
$1,956,000 · Regions Bank
Dec 23, 2003
$615,000
Barwick & Associates Ltd
Wachovia Bank NA
Grant Deed
$609,000 · Regions Bank
Oct 28, 1998
—
Wachovia Bank NA
Wachovia Bank NA
Quit Claim Deed
related
—
—
—
Barwick & Associates LLC
—
Deed Of Trust
related
$60,000 · Regions Bank
—
—
Emanuel Properties LLC
—
Deed Of Trust
related
$1,920,000 · Community First Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1323 Matthews Mint Hl Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
