New search
Property profile & analytics
OFF-MARKET
Estimated value
$70,100,000
Outlet malls
1801 Windsor Sq Dr, Matthews, NC 28105-4662
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-5637442
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1987
Total area
136,708 SF
Lot
11.19 ac (487,349 SF)
Zoning code
C
APN
19330303
UPID
US53-5637442
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
-
Sam's Club Pharmacy Pharmacy
-
Sam's Club Bakery Bakery Specialty Food Shop
-
higi Physician
-
Sam's Club Connection Center Mobile Phone Store Electronics & Wireless Store
-
Lucid Hearing Center Hearing Aid Store Audiologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$70.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$70.10M
Owner & transaction history
Rcc Windsor Square LLC · 1 yrs held
Rcc Windsor Square LLC
since 2024
Last sale
$70.1M
4 recorded transactions
Zoning & alternative use
C · Matthews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$88.4M
+103.8%
Restaurant
$81.1M
+86.9%
Medical building
$49.4M
+13.9%
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
$70,100,000
ML approach
$70,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$43,390,000
Current use
COMMERCIAL (GENERAL)
$88,430,000
Change: +104% · Conversion: Easy
RESTAURANT
$81,075,000
Change: +87% · Conversion: Easy
MEDICAL BUILDING
$49,415,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$42,820,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$70.10M
Range $63.09M – $77.11M · ±10% · vs last sale $70.10M (Nov 27 2024)
Last sale anchor
$70.10M
Nov 27 2024
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
$513 / 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
$97,816
Tax year 2023
Assessed value
$13,225,500
Assessed 2024
Previous assessed
$13,655,200
-3.1% YoY
Effective rate
0.74%
On assessed value
Assessed land
$7,429,800
Assessed improvement
$5,795,700
Land market value
$7,429,800
Improvement market value
$5,795,700
Total market value
$13,225,500
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
1
Total area
136,708 SF
Lot
11.19 ac (487,349 SF)
Zoning code
C
APN
19330303
UPID
US53-5637442
Jurisdiction
MECKLENBURG
Zoning & alternative use
C · Matthews, NC
Zoning C · permitted uses
C · Matthews, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Matthews. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$43.4M
COMMERCIAL (GENERAL)
Est. value
$88.4M
RESTAURANT
Est. value
$81.1M
MEDICAL BUILDING
Est. value
$49.4M
OFFICE BUILDING
Est. value
$42.8M
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
1
Lot
11.19 ac
Current owner
From public records · entity-resolved
Rcc Windsor Square LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2024
$70,100,000
Rcc Windsor Square LLC
Sc Windsor Square LLC
Special Warranty Deed
—
Oct 3, 2016
—
Sc Windsor Square LLC
—
Deed
related
$60,000,000 · Jp Morgan Chase Bk
Jul 2, 2003
$38,400,000
Sc Windsor Associates LP
Windwor Square Rpfiii LLP
Grant Deed
related
$32,500,000 · Wachovia Bank NA
—
—
Sc Windsor Square LLC
—
Deed Of Trust
related
$60,000,000 · Jp Morgan Chase 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 1801 Windsor Sq Dr?
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.
