9201 Independence Blvd Matthews, NC 28105-5099
- Retail space
- 5,592 SF
- 1.19 lot acres
Current Use by Public Records
- Retail space
Property Details for 9201 Independence Blvd
- Year built
- 1994
- Lot size
- 1.19 lot acres
- Property size
- 5,592 SF
- Zone code
- B-H(CD)
- Property type
- Retail space
- APN
- 19319115
- APU
- 19319115
Description
This exceptional retail property, located at 9201 E Independence Blvd in Matthews, North Carolina, presents a compelling owner-user or investment opportunity. The 6,400 square foot building sits on a 1.2-acre lot and is ideally suited for a variety of uses, including a bank, quick-service restaurant (QSR), or other service-oriented businesses. Its prime location within the heart of Matthews' retail corridor ensures high visibility and accessibility. The property boasts a highly desirable open floor plan, offering flexibility for tenant build-out. With an asking price of $2,250,000, this translates to a price per square foot of $351.56. The property benefits significantly from its position on E Independence Boulevard, a major thoroughfare experiencing a high volume of daily traffic, estimated at 51,000 vehicles per day. This ensures substantial exposure for any business operating from this location. The property's zoning and permitted uses should be verified independently. This is a rare opportunity to acquire a well-situated retail building in a thriving North Carolina market. The property is located in Mecklenburg County, zip code 28105.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,950,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,275,000
- 6.5%
- $2,205,000
- 7%
- $1,990,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,935,000
- Geo Method
- $1,890,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,535,000
- Retail
- $2,260,000
- Mixed-Use
- $2,380,000
- Hospitality
- $2,000,000
- Educational
- $1,940,000
- Residential Income
- $1,940,000
- Energy
- $2,015,000
- Income-Based Land
- $2,410,000
- Food Service
- $2,050,000
Location Insight
- Map
- Local Demand
- City
- Matthews
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.7176
- Latitude
- 35.1405
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
