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Property profile & analytics
OFF-MARKET
Estimated value
$1,855,000
Drug stores
15090 Idlewild Rd Matthews, NC 28104-3653
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-3715577
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2004
Total area
14,490 SF
Lot
1.6 ac (69,652 SF)
Zoning code
GR STALLINGS
APN
07-075-258
UPID
US53-3715577
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
-
higi Physician
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
-
Goodwill - Idlewild Rd. Discount Store
-
COVID-19 Drive-Thru Testing at Walgreens Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.86M
Owner & transaction history
Ppw Alexandriana LLC · 4 yrs held
Ppw Alexandriana LLC
since 2021
7 recorded transactions
Zoning & alternative use
GR STALLINGS · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.86M
Range $1.67M – $2.04M · ±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
$128 / 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
$21,985
Tax year 2023
Assessed value
$2,384,300
Assessed 2023
Previous assessed
$2,365,200
+0.8% YoY
Effective rate
0.92%
On assessed value
Assessed land
$922,600
Assessed improvement
$1,461,700
Land market value
$922,600
Improvement market value
$1,461,700
Total market value
$2,384,300
Applied tax rate
723.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2004
Heating
YES
Stories
1
Total area
14,490 SF
Lot
1.6 ac (69,652 SF)
Zoning code
GR STALLINGS
APN
07-075-258
UPID
US53-3715577
Jurisdiction
UNION
Zoning & alternative use
GR STALLINGS · Matthews, NCZoning GR STALLINGS · permitted uses
GR STALLINGS · 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
2004
Heating
YES
Stories
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
Ppw Alexandriana LLC
Entity
Mailing address
6801 CARNEGIE BLVD STE #400, CHARLOTTE, NC 28211-3665
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2021
—
Ppw Alexandriana LLC
Idlewild Store LLC
Special Warranty Deed
—
Jul 1, 2021
$25,500
T L Williams Investments LLC
Rpf Foundation LLC
Special Warranty Deed
—
Jul 1, 2021
$1,430,000
Idlewild Store LLC
William R Culp JR
Special Warranty Deed
—
Jul 1, 2021
$24,000
Allen Investment Fund LLC
Withrow Heritage LLC
Special Warranty Deed
—
May 11, 2021
—
William R Culp JR
Northlake Mf Jv 2 LLC
Special Warranty Deed
—
Mar 6, 2019
$114,000
Withrow Cap Invs LLC
Glm Holdings LLC
Grant Deed
—
Mar 6, 2019
—
Withrow Cap Invs LLC
Withrow Ronald J Trust
Quit Claim Deed
—
Mar 5, 2019
—
Withrow,ronald J Trust
Mallard Pointe Associates LLC
Grant Deed
—
Sep 14, 2018
—
Withrow Cap Invs LLC
Withrow Heritage LLC
Quit Claim Deed
related
—
Jan 11, 2018
$5,515,000
Northlake Mf Jv 2 LLC
Stallings Pharmacy Investors L
Grant Deed
—
Aug 3, 2005
—
Stallings Pharmacy Invtrs LLC
Stallings Retail Investors LLC
Quit Claim Deed
related
$4,000,000 · Bear Stearns Commercial Mtg
—
—
Stallings Pharmacy Invtrs LLC
—
Deed Of Trust
related
$3,475,000 · Yadkin 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.
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