Property profile

3609 Matthews Weddington Rd Matthews, NC 28105

OFF-MARKET
Grocery and convenience stores
Property ID
US53-1154448
2,448 SF 2.98 ac lot Built 1991
Individually Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1991
Construction WOOD
Total area 2,448 SF
Lot 2.98 ac (129,809 SF)
Zoning code OLR STALLINGS
APN 07-141-004
UPID US53-1154448

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Grocery & Convenience Store
  • Atm Food Store

Location

3609 Matthews Weddington Rd Matthews, NC 28105-9308
Matthews metro Census 20315 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$555k
Comparable Approach Comparable
$343k
Blend (final) Blend
$300k

Owner & transaction history

since 2007
1 recorded transaction
2007
$900,000

Zoning & alternative use

OLR STALLINGS · Matthews, NC
Top alternative use upside
Office building $765,000 +106.5%
Retail stores $680,000 +82.6%
Auto repair, garage $390,000 +4.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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