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    Property profile & analytics

    201 Matthews St Matthews, NC 28105-5027

    • Medical offices
    • 11,790 SF
    • 1.73 lot acres
    OFF-MARKET
    Value Estimation
    $1,705,000
    Last Sale
    Aug 23, 2022
    $1,700,000
    Location Intelligence
    Property ID
    US53-1003871
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr. Robert A. Goins, MD / Pediatrician
    • Old North State Masonry / Masonry Contractor
    • Ami Patel Romanowski / Pediatrician
    • Varsha Laxman Pherwani / Pediatrician
    • Blaire Smith / Pediatrician / Health Care Facility

    Property Details for 201 Matthews St

    Year built
    1981
    Lot size
    1.73 lot acres
    Property size
    11,790 SF
    Zone code
    R-20
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    19329127
    APU
    19329127

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,705,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,635,000
      6.5%
      $1,835,000
      7%
      $1,870,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,485,000
      Geo Method
      $1,685,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,730,000
      Retail
      $1,740,000
      Mixed-Use
      $1,575,000
      Hospitality
      $2,000,000
      Educational
      $1,575,000
      Residential Income
      $2,005,000
      Energy
      $1,805,000
      Income-Based Land
      $2,070,000
      Food Service
      $2,050,000

    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7185
    Latitude
    35.1181
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,944
    $1,850,700
    $305,000
    $2,155,700
    -
    $1,850,700
    $305,000
    $2,155,700

    Comparable in this City

    • Value Estimation
      $840,000
      2,562 SF

      9607 Nene Pkwy

      MEDICAL BUILDING • 2,562 SF
      9607 Nene Pkwy, Matthews, NC 28105-6883
      View Details
    • Value Estimation by Request
      18,963 SF

      101 Matthews St

      MEDICAL BUILDING • 18,963 SF
      101 Matthews St, Matthews, NC 28105-4866
      View Details
    • Value Estimation
      $325,000
      3,040 SF

      2505 Plantation Ctr Dr

      MEDICAL BUILDING • 3,040 SF
      2505 Plantation Ctr Dr, Matthews, NC 28105-5298
      View Details
    • Value Estimation
      $450,000
      3,500 SF

      3041 Senna Dr

      MEDICAL BUILDING • 3,500 SF
      3041 Senna Dr, Matthews, NC 28105-6727
      View Details
    • Value Estimation by Request
      4,112 SF

      10808 Monroe Rd

      MEDICAL BUILDING • 4,112 SF
      10808 Monroe Rd, Matthews, NC 28105-7305
      View Details
    • Value Estimation by Request
      8,822 SF

      1400 Matthews Township Pkwy

      MEDICAL BUILDING • 8,822 SF
      1400 Matthews Township Pkwy, Matthews, NC 28105-4655
      View Details

    Similar Nearby for Sale

    • $380,000
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      Office Space in Matthews

      Office property for sale in Matthews, North Carolina.
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    • $500,000
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      Matthews Commercial Land Opportunity

      Prime 1-acre lot, rezoning potential.
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    • New
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      Land in Desirable Matthews Location

      Versatile land parcel in Matthews, ideal for custom estate.
      230 Morris Rd, Matthews, NC 28105
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    • New
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      Updated Duplex in Desirable Location

      Income-producing duplex near Charlotte with short-term rental potential.
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    Similar Nearby for Lease

    • $31 SF/Yr
      90,000 SF

      Adbel Plaza Medical Office Space

      Matthews, NC medical office suite available.
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    • Contact for pricing
      4,700 SF

      Downtown Matthews Medical Office Space

      Prime Matthews location, 4,700 sq ft available.
      110 John St, Matthews, NC 28105
      View Details
    • Contact for pricing
      27,000 SF

      Matthews Station Office Space

      Prime Matthews location, multiple suites available.
      110 Matthews Station St, Matthews, NC 28105
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      9,600 SF

      Matthews Retail & Office Space

      Prime Matthews location, flexible suites.
      1640 Matthews Township Pkwy, Matthews, NC 28105
      View Details
    • Contact for pricing
      3,491 SF

      The Commons Executive Suites

      Charlotte Office Space for Lease
      10020 Monroe Rd, Charlotte, NC 28105
      View Details
    • $22 SF/Yr
      1,030 SF

      Matthews Flex Unit For Rent

      Flex unit with office and warehouse space available for rent.
      2024 Independence Commerce Dr, Matthews, NC 28105
      View Details
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    Matthews, NC 28105-5027
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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