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Property profile & analytics
OFF-MARKET
Estimated value
$3,785,000
Manufacturing properties
200 Beltway Blvd, Matthews, NC 28104-8807
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-0970801
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Total area
52,200 SF
Lot
4.75 ac (207,041 SF)
Zoning code
BC STALLINGS
APN
07-102-195
UPID
US53-0970801
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
-
Metro Metal & Design Metal Fabrication Plant Factory
-
SteelPoint, Inc. Industrial Manufacturer Production Facility
-
SteelPoint / MMDi Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.49M
CAP Approach
CAP
$5.29M
Comparable Approach
Comparable
$4.33M
Blend (final)
Blend
$3.79M
Owner & transaction history
Union West LLC · 1 yrs held
Union West LLC
since 2024
Last sale
$4.0M
5 recorded transactions
Zoning & alternative use
BC STALLINGS · 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
Method
Estimation
Statistic approach
$3,100,000
ML approach
$3,485,000
CAP Approach
CAP Return
Estimation
6%
$5,730,000
6.5%
$5,290,000
7%
$4,915,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,555,000
Current use
Blend value · Realmo final
$3.79M
Range $3.41M – $4.16M · ±10% · vs last sale $4.00M (Aug 26 2022)
Last sale anchor
$4.00M
Aug 26 2022
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
$73 / 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
$27,109
Tax year 2023
Assessed value
$2,797,100
Assessed 2023
Previous assessed
$2,797,100
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$475,300
Assessed improvement
$2,321,800
Land market value
$475,300
Improvement market value
$2,321,800
Total market value
$2,797,100
Applied tax rate
720.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1998
Heating
YES
Stories
1
Total area
52,200 SF
Lot
4.75 ac (207,041 SF)
Zoning code
BC STALLINGS
APN
07-102-195
UPID
US53-0970801
Jurisdiction
UNION
Zoning & alternative use
BC STALLINGS · Matthews, NC
Zoning BC STALLINGS · permitted uses
BC STALLINGS · 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
INDUSTRIAL (GENERAL) Current
Est. value
$5.6M
INDUSTRIAL (GENERAL) Current
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
1998
Heating
YES
Stories
1
Lot
4.75 ac
Current owner
From public records · entity-resolved
Union West LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1100 E MOREHEAD ST, CHARLOTTE, NC 28204-2815
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2024
—
Union West LLC
Mmdi INC
Warranty Deed
—
Jul 16, 2024
$9,000,000
Union West LLC
Primax Properties LLC
Special Warranty Deed
—
Aug 26, 2022
—
Primax Properties LLC
Mmd Leasing LLC
Warranty Deed
—
Aug 26, 2022
$4,000,000
Primax Properties LLC
Mmd Leasing LLC
Special Warranty Deed
—
—
—
Mmd Leasing LLC
—
Deed Of Trust
related
$800,000 · First National Bank The South
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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