1401 Matthews Township Pkwy Matthews, NC 28105
Property profile & analytics
1401 Matthews Township Pkwy Matthews, NC 28105
- Medical Office Space
- 92,310 SF
- 6.03 lot acres
Property ID
US53-1550717
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Presbyterian Pediatric Neurolog / Pediatrician
- Dr. Randy A. Hock, MD / Pediatrician / Medical Clinic
- CLOSED | Dr. Robbie D. Buechler, MD, PhD / Physician / Medical Clinic
- Dr. David P. Malone, MD / Physician
- John E. Ziewacz, MD, MPH / Physician
Property Details for 1401 Matthews Township Pkwy
- Year built
- 1998
- Lot size
- 6.03 lot acres
- Property size
- 92,310 SF
- Zone code
- B-3(CD)
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 19329202
- APU
- 19329202
Description
Adbel Plaza, a three-story medical office building totaling 90,000 square feet, presents a unique opportunity in the thriving Matthews, North Carolina market. Currently, a single, vacant suite of 4,111 square feet is available for lease within this multi-tenant building located at 1401 Matthews Township Parkway, zip code 28105, in Mecklenburg County. The building enjoys a highly desirable location in one of Southeast Charlotte's fastest-growing communities, offering exceptional visibility and accessibility. Its strategic placement directly across from Novant Health Matthews Medical Center ensures a high volume of foot traffic and a strong patient base. Convenient access to major transportation arteries is another key advantage, with easy connections to Highway 51 (Matthews Township Parkway) and Highway 74 (East Independence Boulevard). The property is also approximately two miles from Interstate 485, providing seamless connectivity throughout the Charlotte metropolitan area. This prime location, combined with the available space, makes Adbel Plaza an ideal choice for medical practices seeking expansion or relocation in a vibrant and rapidly developing area. The building's size and single suite vacancy offer a unique opportunity for a practice seeking a significant footprint in a high-demand location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $27,450,000
- ML approach
- $27,450,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $21,430,000
- 6.5%
- $19,780,000
- 7%
- $18,365,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $32,067,000
Market price range: $21.6M - $46.7M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $33,370,000 Current use
- RETAIL STORES
- $29,300,000 Change: -12% Conversion: Difficult
- OFFICE BUILDING
- $28,915,000 Change: -13% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Matthews
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.7151
- Latitude
- 35.1228
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$191,241
$5,177,200
$20,680,100
$25,857,300
-
$5,177,200
$20,680,100
$25,857,300
