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Property profile & analytics
OFF-MARKET
Estimated value
$260,000
Office buildings
316 Freemont St Matthews, NC 28105-6882
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-0452071
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
0.32 ac (13,897 SF)
Zoning code
O
APN
19327121
UPID
US53-0452071
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
$265k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$260k
Owner & transaction history
M & N Solutions Corp · 5 yrs held
M & N Solutions Corp
since 2020
Last sale
$210,000
4 recorded transactions
Zoning & alternative use
O · Matthews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
§155.506.16 Continuing Care Retirement Communities (CCRC), §155.506.17 Skilled Care (Nursing Home) Facility, and §155.506.18 Motorcycle Safety Training Course. (Am. Ord 2188, passed 11-14-16) 155.502.9. Office District (O) TOWN OF MATTHEWS UNIFIED DEVELOPMENT ORDINANCE Page 5 - 9 A. The Office District is established to provide areas which are conducive to t…
Zone name
Office
General category
COMMERCIAL
Zone area
5.83 ac
Source
Chapter 5
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
$360,000
ML approach
$265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$260k
Range $234k – $286k · ±10% · vs last sale $210k (Dec 15 2020)
Last sale anchor
$210k
Dec 15 2020
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
—
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
$1,657
Tax year 2023
Assessed value
$224,100
Assessed 2024
Previous assessed
$224,100
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$224,100
Land market value
$224,100
Total market value
$224,100
Applied tax rate
19.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Lot
0.32 ac (13,897 SF)
Zoning code
O
APN
19327121
UPID
US53-0452071
Jurisdiction
MECKLENBURG
Zoning & alternative use
O · Matthews, NCZoning O · permitted uses
O · Matthews, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
§155.506.16 Continuing Care Retirement Communities (CCRC), §155.506.17 Skilled Care (Nursing Home) Facility, and §155.506.18 Motorcycle Safety Training Course. (Am. Ord 2188, passed 11-14-16) 155.502.9. Office District (O) TOWN OF MATTHEWS UNIFIED DEVELOPMENT ORDINANCE Page 5 - 9 A. The Office District is established to provide areas which are conducive to the establishment and continuance of offices, institutions, and commercial activit
Zone name
Office
General category
COMMERCIAL
Zone area
5.83 ac
Source
Chapter 5
Building & site characteristics
From public records
Heating
NONE
Lot
0.32 ac
Current owner
From public records · entity-resolved
M & N Solutions Corp
Entity
Free & Clear · 5 yrs held
Mailing address
6604 EW T HARRIS BLVD STE C2, CHARLOTTE, NC 28215-5123
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2020
$210,000
M & N Solutions Corp
Morris Family Investments LLC
Warranty Deed
—
May 6, 2009
$105,000
Morris Family Investments LLC
Faber,peter D & Karen
Warranty Deed
—
Nov 5, 2008
$95,000
Peter D Faber
Eaves,joel P & Barbara M
Warranty Deed
—
Sep 26, 2003
$8,500
C3 Homes INC
Eaves,joel P & Barbara M
Grant Deed
—
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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