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    Property profile & analytics
    OFF-MARKET
    Warehouses

    2040 Independence Commerce Dr, Matthews, NC 28105-4170

    2,000 SF 1.56 ac lot Built 2004
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US53-0755100
    Property summary
    AI-generated overview

    This exceptional Union County flex space offers 12,000 square feet of immediately available space within a larger 16,603-square-foot building. The property, constructed in 2005, is classified as Class B and sits on a 1.5-acre lot. The single-story building features a total of three suites, allowing for flexibility in tenant needs. The minimum divisible space is 2,000 square feet, with a maximum contiguous space of 12,000 square feet currently available for lease. The zoning is designated as Light Industrial, making it suitable for a variety of businesses. The available space includes features such as one dock and one drive-in, along with approximately 3,000 square feet of warehouse space. This property presents a unique opportunity for businesses seeking a versatile and well-located industrial space in Union County. The building's single-story design and ample parking provide convenient access and functionality. The property's location offers easy access to major transportation routes, enhancing logistical efficiency for businesses. This is an excellent opportunity to secure a prime location in a thriving industrial area. The available space is ready for immediate occupancy.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 2004
    Total area 2,000 SF
    Lot 1.56 ac (67,800 SF)
    Zoning code LI UNION COUNTY
    APN 07-099-011D06
    UPID US53-0755100
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    H & J Properties Of Union County Ll · 2 yrs held
    H & J Properties Of Union County Ll
    since 2024
    Last sale
    $100,000
    7 recorded transactions
    2024
    2024
    $100,000
    2019
    $270,000
    2019
    2019
    $290,000
    2008
    $448,000
    1969
    Zoning & alternative use
    LI UNION COUNTY · Matthews, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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