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Property profile & analytics
OFF-MARKET Estimated value $15,510,000
Outlet malls

2115 Matthews Township Pkwy Matthews, NC 28105-5766

156,792 SF 15.01 ac lot Built 2001
Entity Owned Absentee Owner Free & Clear
Property ID
US53-0470676
Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2001
Total area 156,792 SF
Lot 15.01 ac (653,618 SF)
Zoning code B-1SCD
APN 19352106
UPID US53-0470676
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
  • Lowe's Garden Center Garden Center
  • Lowe's ProServices Building Supply Industrial Manufacturer
  • Lowe's Home Improvement Building Supply Hardware & Home Improvement
  • Lowe's Rental Rental Equipment Company
  • Petco (Bike/Boat/Book/etc) Store Pet Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$15.51M
Owner & transaction history
LOWES HOME CENTERS INC
LOWES HOME CENTERS INC
Zoning & alternative use
B-1SCD · Matthews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

155.503.7. Shopping Center District (B-1SCD) A. The Shopping Center District is established to provide for the development and efficient operation of integrated shopping centers or retail sales establishments which exceed one hundred thousand ( 100,000) square feet of total floor area. “Retail” for this district shall include predominately the sale of mercha…

Zone name Neighborhood Business Shopping Center District
General category COMMERCIAL
Zone area 310.59 ac
Source Chapter 5
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