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Property profile & analytics
OFF-MARKET
Office buildings
3933 Smith Farm Rd, Matthews, NC 28104-5027
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US53-0271954
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1958
Total area
1,244 SF
Lot
1.18 ac (51,357 SF)
Zoning code
LI INDIAN TRAIL
APN
07-105-015
UPID
US53-0271954
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
-
Bartels Construction Solutions, LLC General Contractor
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
Bartels Hamilton Dev LLC · 7 yrs held
Bartels Hamilton Dev LLC
since 2018
2 recorded transactions
Zoning & alternative use
LI INDIAN TRAIL · Matthews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$2,403
Tax year 2023
Assessed value
$253,300
Assessed 2023
Previous assessed
$253,300
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$130,900
Assessed improvement
$122,400
Land market value
$130,900
Improvement market value
$122,400
Total market value
$253,300
Applied tax rate
620.0000
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
Year built
1958
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
5
Bathrooms
2
Total area
1,244 SF
Lot
1.18 ac (51,357 SF)
Zoning code
LI INDIAN TRAIL
APN
07-105-015
UPID
US53-0271954
Jurisdiction
UNION
Zoning & alternative use
LI INDIAN TRAIL · Matthews, NC
Zoning LI INDIAN TRAIL · permitted uses
LI INDIAN TRAIL · Matthews, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Matthews. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
5
Bathrooms
2
Lot
1.18 ac
Current owner
From public records · entity-resolved
Bartels Hamilton Dev LLC
Entity
Mailing address
3933 SMITH FARM RD, MATTHEWS, NC 28104-5027
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2018
$307,100
Bartels Hamilton Dev LLC
Hockaday Family Living Trust
Warranty Deed
$277,000 · Hockaday Family Living Tr (rt)
Mar 19, 2018
—
Hockaday Family Living Trust
Hockaday,larry S & Lynn O
Quit Claim Deed
related
—
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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