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Property profile & analytics
OFF-MARKET Estimated value $10,385,000
Outlet malls

1837 Matthews Township Pkwy Matthews, NC 28105-4659

103,800 SF 12.15 ac lot Built 1992
Entity Owned 27-yr Hold Free & Clear
Property ID
US53-1338562
Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1992
Total area 103,800 SF
Lot 12.15 ac (529,167 SF)
Zoning code B-1SCD
APN 19323133
UPID US53-1338562
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
  • Compact Power Equipment Rental (Bike/Boat/Book/etc) Store Rental Equipment Company
  • Primo Water Exchange Big Box & Wholesale Store
  • Tool & Truck Rental Center at The Home Depot Rental Equipment Company
  • Pro Desk at The Home Depot Big Box & Wholesale Store Building Supply
  • The Home Depot Hardware & Home Improvement Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.39M
Owner & transaction history
Hd Development Of Maryland · 27 yrs held
Hd Development Of Maryland
since 1999
2 recorded transactions
1999
Price N/A
1992
$200,000
Zoning & alternative use
B-1SCD · Matthews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

155.503.7. Shopping Center District (B-1SCD) A. The Shopping Center District is established to provide for the development and efficient operation of integrated shopping centers or retail sales establishments which exceed one hundred thousand ( 100,000) square feet of total floor area. “Retail” for this district shall include predominately the sale of mercha…

Zone name Neighborhood Business Shopping Center District
General category COMMERCIAL
Zone area 310.59 ac
Source Chapter 5
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