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Property profile & analytics
OFF-MARKET
Garden apartment buildings

550 Main St Matthews, NC 28105-2678

3,519 SF 0.43 ac lot Built 1964
Individually Owned Free & Clear
Property ID
US53-0990215
Property profile
Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1964
Total area 3,519 SF
Lot 0.43 ac (18,676 SF)
Zoning code B-1
APN 22702503
UPID US53-0990215
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
MYRTLE HOKE POWELL
MYRTLE HOKE POWELL
Zoning & alternative use
B-1 · Matthews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

be established in the R-15MF, R-12MF, R/I, O, HUC, B-1, SRN, C-MF, MUD, TS, and ENT districts. Child day care facilities with separate standards may be allowed in the CrC district. B. S TANDARDS. 1. Child day care homes and facilities are required to be registered and licensed with the state in accordance with G.S. § 110-101. 2. An off -street drop -off/pick…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 57.48 ac
Source Chapter 5
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