Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    14600 Lawyers Rd Matthews, NC 28104
    Back to Search
    Property profile & analytics

    14600 Lawyers Rd Matthews, NC 28104

    View on Map
    • Drug stores
    • 10,856 SF
    • 2.24 lot acres
    For Sale
    $3,120,107
    View Listing →
    CVS Pharmacy NNN Investment Opportunity For Sale
    $3,120,107
    10,856 SF

    CVS Pharmacy NNN Investment Opportunity

    NNN leased CVS Pharmacy in Matthews, North Carolina for sale.

    14600 Lawyers Rd, Matthews, NC 28104
    View Listing
    Property ID
    US53-2132147
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CVS Pharmacy / Pharmacy
    • MoneyGram / Bank / Credit Union
    • Stephanie A. Bosquet, PharmD / Pharmacy
    • Redbox / Cinema / (Bike/Boat/Book/etc) Store
    • UPS Access Point location / Courier Service / Postal Service

    Property Details for 14600 Lawyers Rd

    Year built
    2001
    Lot size
    2.24 lot acres
    Property size
    10,856 SF
    Zone code
    NRD STALLINGS
    Property type
    Drug stores
    APN
    07-054-715D
    APU
    07054715D

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,220,000
      6.5%
      $2,050,000
      7%
      $1,905,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Union
    State
    North Carolina
    Longitude
    -80.6244
    Latitude
    35.1425
    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
    $22,908
    $1,664,700
    $913,900
    $2,578,600
    -
    $1,664,700
    $913,900
    $2,578,600

    Comparable in this City

    • Value Estimation
      $1,945,000
      12,571 SF

      6300 Weddington Monroe Rd

      DRUG STORE, PHARMACY • 12,571 SF
      6300 Weddington Monroe Rd, Matthews, NC 28104
      View Details
    • Value Estimation
      $1,985,000
      14,866 SF

      Waxhaw Indian Trl

      DRUG STORE, PHARMACY • 14,866 SF
      Waxhaw Indian Trl, Matthews, NC 28104
      View Details
    • Value Estimation
      $2,085,000
      14,635 SF

      Chestnut Ln

      DRUG STORE, PHARMACY • 14,635 SF
      Chestnut Ln, Matthews, NC 28104
      View Details
    • Value Estimation
      $1,855,000
      14,490 SF

      15090 Idlewild Rd

      DRUG STORE, PHARMACY • 14,490 SF
      15090 Idlewild Rd, Matthews, NC 28104-3653
      View Details
    • Value Estimation by Request
      204,329 SF

      6350 Weddington Est

      Individual retail properties • 204,329 SF
      6350 Weddington Est, Waxhaw, NC 28104
      View Details
    • Value Estimation
      $6,495,000
      52,429 SF

      13641 Providence Rd

      GROCERY, SUPERMARKET • 52,429 SF
      13641 Providence Rd, Matthews, NC 28104-9373
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,856 SF

      CVS Pharmacy NNN Investment Opportunity

      NNN leased CVS Pharmacy in Matthews, North Carolina for sale.
      14600 Lawyers Rd, Matthews, NC 28104
      View Details
    • Contact for pricing

      Highway Exit Commercial Land

      2.89 acres near Atrium Health Complex, suitable for various uses.
      12027 Guion Ln, Stallings, NC 28104
      View Details
    • Contact for pricing
      1,421 SF

      Versatile Commercial Property with High Visibility

      1.52-acre commercial property with building, garage, and ample parking.
      2232 Stallings Road Ext, Matthews, NC 28104
      View Details
    • $350,000
      0.14 Acres

      Retail Property in Stallings, NC

      Move-in-ready retail property with renovated interior on 0.14 acres.
      4620 Potter Rd, Matthews, NC 28104
      View Details
    • $475,000
      1.71 Acres

      Wooded Lot in Weddington, NC

      1.71-acre wooded lot in a prime Weddington location.
      520 Weddington Rd, Weddington, NC 28104
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,465 SF

      Retail Space in Stallings Center

      Retail space available in shopping center anchored by Harris Teeter.
      7800 Stevens Mill Rd, Stallings, NC 28104
      View Details
    • Contact for pricing
      12,216 SF

      Stallings Retail Space For Rent

      Expansive retail space in Stallings' proposed Downtown District area.
      2725 Old Monroe Rd, Stallings, NC 28104
      View Details
    • Contact for pricing

      Retail Space Near Harris Teeter

      Retail space available in Matthews, anchored by Harris Teeter.
      7900 Stevens Mill Rd, Matthews, NC 28104
      View Details
    • Contact for pricing

      Retail/Office Space in Matthews, NC

      Commercial retail/office property in Stallings Town Center District.
      3740 Pleasant Plains Rd, Matthews, NC 28104
      View Details
    • Contact for pricing

      Retail Destination in Wesley Chapel

      High-visibility retail space in a supply-constrained commercial corridor.
      6350 Weddington Rd, Stallings, NC 28104
      View Details
    • Contact for pricing

      Retail Space in Wesley Chapel

      New retail and restaurant spaces in established Wesley Chapel location.
      Weddington Rd And Waxhaw-Indian Trl Rd, Wesley Chapel, NC 28104
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14600 Lawyers Rd
    Matthews, NC 28104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    14600 Lawyers Rd, Matthews, NC, 28104
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!