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Property profile & analytics
OFF-MARKET Estimated value $740,000
Retail space

189 Trade St Matthews, NC 28105-1712

4,336 SF 0.1 ac lot Built 1900
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US53-0962513
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 4,336 SF
Lot 0.1 ac (4,478 SF)
Zoning code HUC
APN 19326207
UPID US53-0962513
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
  • Matthews Ballroom + Events Training Center
  • The Temples Edge (Bike/Boat/Book/etc) Store Newspaper & Magazine
  • Matthews Yoga Collective Gym & Fitness Center
  • Dancesport Carolina Inc Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$815k
Comparable Approach Comparable
by Request
Blend (final) Blend
$740k
Owner & transaction history
J Squared Properties LLC · 8 yrs held
J Squared Properties LLC
since 2018
5 recorded transactions
2018
$945,000
2011
$425,000
2011
Price N/A
2006
$536,000
1969
Price N/A
Zoning & alternative use
HUC · Matthews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

be established in the R-15MF, R-12MF, R/I, O, HUC, B-1, SRN, C-MF, MUD, TS, and ENT districts. Child day care facilities with separate standards may be allowed in the CrC district. B. S TANDARDS. 1. Child day care homes and facilities are required to be registered and licensed with the state in accordance with G.S. § 110-101. 2. An off -street drop -off/pick…

Zone name Historic Urban Core
General category CIVIC_INSTITUTIONAL
Zone area 34.80 ac
Source Chapter 5
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