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Property profile & analytics
OFF-MARKET
Estimated value
$1,945,000
Drug stores
6300 Weddington Monroe Rd, Matthews, NC 28104
Individually Owned
14-yr Hold
Free & Clear
Property ID
US53-3098159
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2005
Total area
12,571 SF
Lot
1.72 ac (74,880 SF)
Zoning code
B-2 WESLEY CHAPEL
APN
06-048-007S
UPID
US53-3098159
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
by Request
CAP Approach
CAP
$2.38M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.95M
Owner & transaction history
Branch Village Commons Invtrs · 14 yrs held
Branch Village Commons Invtrs
since 2012
7 recorded transactions
Zoning & alternative use
B-2 WESLEY CHAPEL · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,570,000
6.5%
$2,375,000
7%
$2,205,000
Blend value · Realmo final
$1.95M
Range $1.75M – $2.14M · ±10%
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
$155 / SF
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
$17,956
Tax year 2023
Assessed value
$2,812,700
Assessed 2023
Previous assessed
$2,812,700
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$1,237,700
Assessed improvement
$1,575,000
Land market value
$1,237,700
Improvement market value
$1,575,000
Total market value
$2,812,700
Applied tax rate
976.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2005
Heating
YES
Stories
2
Total area
12,571 SF
Lot
1.72 ac (74,880 SF)
Zoning code
B-2 WESLEY CHAPEL
APN
06-048-007S
UPID
US53-3098159
Jurisdiction
UNION
Zoning & alternative use
B-2 WESLEY CHAPEL · Matthews, NC
Zoning B-2 WESLEY CHAPEL · permitted uses
B-2 WESLEY CHAPEL · 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
2005
Heating
YES
Stories
2
Lot
1.72 ac
Current owner
From public records · entity-resolved
Branch Village Commons Invtrs
Individual
Free & Clear · 14 yrs held
Mailing address
610 E MOREHEAD ST STE #100, CHARLOTTE, NC 28202-2699
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2012
$1,043,000
Branch Village Commons Invtrs
Dunitz Maxine & Gerald Trust
Grant Deed
—
Mar 21, 2012
$8,393,000
Branch Village Commons Invtrs
Kirk Frank & Lynn Trust
Grant Deed
—
Mar 21, 2012
$13,204,000
Village Commons Branch II LLC
Branch Village Commons Invtrs
Grant Deed
—
Mar 20, 2012
$2,725,000
Branch Village Commons Invtrs
Village Commons Branch II LLC
Grant Deed
—
Mar 20, 2012
—
Village Commons Branch II LLC
Village Commons Phase II LLC
Quit Claim Deed
—
Mar 20, 2012
$1,043,000
Dunitz Maxine & Gerald Trust
Village Commons Branch II LLC
Grant Deed
$10,000,000 · Wells Fargo Bank NA
—
—
Village Commons Branch II LLC
—
Deed Of Trust
related
$264,500 · Wells Fargo Bk
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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