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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Retail space
1900 Moore Rd Matthews, NC 28105-4750
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-2212809
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Total area
5,040 SF
Lot
0.46 ac (20,045 SF)
Zoning code
B-H
APN
21510118
UPID
US53-2212809
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
-
Neighborhood Feed and Tack (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$830k
CAP Approach
CAP
$950k
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$815k
Owner & transaction history
Cardinal Creek Properties LLC · 2 yrs held
Cardinal Creek Properties LLC
since 2023
Last sale
$800,000
5 recorded transactions
Zoning & alternative use
B-H · Matthews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
apply to the B-H District. Uses allowed within the B-H district are given in the Table of Allowed Uses at § 155.505.2. Supplementary standards which may be applicable to certain uses within the B -H district are listed at § 155.506. 155.502.15. Light Industrial District (I-1) A. The Light Industrial District is established to create and protect industrial ar…
Zone name
Highway Business
General category
COMMERCIAL
Zone area
108.64 ac
Source
Chapter 5
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
$840,000
ML approach
$830,000
CAP Approach
CAP Return
Estimation
6%
$1,030,000
6.5%
$950,000
7%
$880,000
Blend value · Realmo final
$815k
Range $734k – $897k · ±10% · vs last sale $800k (Nov 1 2023)
Last sale anchor
$800k
Nov 1 2023
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
$162 / 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
$4,940
Tax year 2023
Assessed value
$667,900
Assessed 2024
Previous assessed
$704,800
-5.2% YoY
Effective rate
0.74%
On assessed value
Assessed land
$215,900
Assessed improvement
$452,000
Land market value
$215,900
Improvement market value
$452,000
Total market value
$667,900
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
1985
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
2
Total area
5,040 SF
Lot
0.46 ac (20,045 SF)
Zoning code
B-H
APN
21510118
UPID
US53-2212809
Jurisdiction
MECKLENBURG
Zoning & alternative use
B-H · Matthews, NCZoning B-H · permitted uses
B-H · Matthews, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
apply to the B-H District. Uses allowed within the B-H district are given in the Table of Allowed Uses at § 155.505.2. Supplementary standards which may be applicable to certain uses within the B -H district are listed at § 155.506. 155.502.15. Light Industrial District (I-1) A. The Light Industrial District is established to create and protect industrial areas for the provision of light manufacturing and the distribution of products at wholesale. The standards established for this district are designed to promote sound, permanent light industrial development and also to protect nearby residential areas from the undesirable aspects of industrial development. Whenever possible, areas of this zoning category are separated from residential areas by natural or structural boundaries, s uch as drainage channels, sharp breaks in topography, strips of vegetation, traffic arteries, and similar features. The map symbol and short name for the Light Industrial District shall be "I -1 District." [formerly part of regulation known as
Zone name
Highway Business
General category
COMMERCIAL
Zone area
108.64 ac
Source
Chapter 5
Building & site characteristics
From public records
Year built
1985
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
Cardinal Creek Properties LLC
Entity
Mailing address
576 DELLWOOD RD, WAYNESVILLE, NC 28786-2910
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2023
$800,000
Cardinal Creek Properties LLC
Tommy J Williams
Warranty Deed
$21,113 · T D A INC
Apr 26, 2012
$200,000
Tommy J Williams
Wulfhorst D Todd
Trustees Deed
related
—
—
—
Poulos Ents INC
—
Deed Of Trust
related
$249,000 · Citizens South Bank
—
—
Poulos Ents INC
—
Deed Of Trust
related
$48,400 · Citizens South Bank
—
—
Poulos Ents INC
—
Deed Of Trust
related
$40,000 · Citizens South Bank
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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