2218 Matthews Township Pkwy Matthews, NC 28105-2361
-
Verizon Mobile Phone Store Electronics & Wireless Store
-
Verizon Business Services Business To Business Service
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…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1SCD · Matthews, NC155.503.7. 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 merchandise and prepared food and drink. T his district requires locations with easy vehicular access and high visibility to draw visitors from a wide geographic area, while providing adequate treatment of district edges to ensure these developments are not detrimental to adjacent uses or the orderly and well -planned development of the community. All development of land within the Shopping Center district shall comply with a site plan approved at the time of district designation. The Shopping Center District is primarily intended for properties that already have been developed as predominately or exclusively retail complexes. Where new sites are considered for this zoning district, it is anticipated they will be designed with multi- story structures and be located in conjunction with higher density residential and mixed use developments. The map symbol and short name for the Shopping Center District shall be “B-1SCD”. B. Lot development and design standards, as outlined in § 155.605, and dimensional standards of § 155.604.3, apply to the B -1SCD District. Uses allowed within the B -1SCD district are given in the Table of Allowed Uses at § 155.505.3. Supplementary standards which may be applicable to certain uses within the B -1SCD district are listed at § 155.506. Except where the standards given within this subsection § 155.503.7 specifically for the B -1SCD district differ, the parking provisions at § 155.607, the sign pr ovisions at § 155.608, and the lighting provisions at § 155.609 apply to the B-1SCD district. C. Additional Standards Unique to B -1SCD District. In addition to the requirements of other sections of this Title, development and improvements in the Shopping Center District shall comply with the following requirements. Where the provisions in this § 155.503.7 conflict with the provisions of other Sections of this Title, except for Overlay district requirements, this Section shall prevail. 1. L OCATION REQUIREMENTS. A B-1SCD district shall have frontage on an existing or proposed major or minor thoroughfare. 2. MINIMUM TOTAL PROJECT AREA.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.