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Property profile & analytics
OFF-MARKET
Estimated value
$7,055,000
Retail space
1819 Matthews Township Pkwy, Matthews, NC 28105-5341
Entity Owned
8-yr Hold
Free & Clear
Property ID
US53-5689219
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1995
Total area
52,934 SF
Lot
4.21 ac (183,344 SF)
Zoning code
C
APN
19329217
UPID
US53-5689219
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
-
Craft Smiles: Modern Family Dentistry Dental Office
-
Best Wok II Restaurant
-
Backyard Birds (Bike/Boat/Book/etc) Store
-
Dairy Queen (Treat) Grocery & Convenience Store Specialty Food Shop
-
Rack Room Shoes Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.06M
Owner & transaction history
Echo Services Holdings LLC · 8 yrs held
Echo Services Holdings LLC
since 2017
6 recorded transactions
Zoning & alternative use
C · Matthews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$133 / 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
$66,979
Tax year 2023
Assessed value
$9,056,100
Assessed 2024
Previous assessed
$9,230,500
-1.9% YoY
Effective rate
0.74%
On assessed value
Assessed land
$3,814,100
Assessed improvement
$5,242,000
Land market value
$3,814,100
Improvement market value
$5,242,000
Total market value
$9,056,100
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
1995
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Total area
52,934 SF
Lot
4.21 ac (183,344 SF)
Zoning code
C
APN
19329217
UPID
US53-5689219
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.
Building & site characteristics
From public records
Year built
1995
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
4.21 ac
Current owner
From public records · entity-resolved
Echo Services Holdings LLC
Entity
Free & Clear · 8 yrs held
Mailing address
560 EPSILON DR, PITTSBURGH, PA 15238-2815
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2017
$27,500,000
Echo Services Holdings LLC
Matthews Township Shopping Cen
Grant Deed
—
Sep 17, 2007
$14,000,000
Matthews Center Ltd
Remby Investments LLC
Grant Deed
—
Jun 1, 2006
—
Remby Investments LLC
Rembrandt Way LLC
Special Warranty Deed
—
Jan 27, 2005
$11,600,000
Rembrandt Way LLC
Shelbourne Matthews Co LLC
Special Warranty Deed
$8,850,000 · Manufacturers & Traders Trust Co
Jan 27, 2005
—
Shelbourne Matthews Co LLC
Matthews Land LLC
Quit Claim Deed
—
Sep 28, 2004
$210,000
Matthews Land LLC
Ck Matthews Township 2 LLC
Grant Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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