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Property profile & analytics
OFF-MARKET Estimated value $2,700,000
Retail space

9405 Independence Blvd Matthews, NC 28105-4505

12,221 SF 0.92 ac lot Built 1989
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US53-0495684
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1989
Total area 12,221 SF
Lot 0.92 ac (40,170 SF)
Zoning code C
APN 19319211
UPID US53-0495684
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
$2.59M
CAP Approach CAP
$2.31M
Comparable Approach Comparable
$2.98M
Blend (final) Blend
$2.70M
Owner & transaction history
The Moonlight Market LLC · 1 yrs held
The Moonlight Market LLC
since 2025
Last sale
$2.9M
5 recorded transactions
2025
$2.9M
2021
Price N/A
2017
$1.5M
2016
$1.5M
2014
Price N/A
Zoning & alternative use
C · Matthews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

plans. [formerly 153.201(C)(1) & (2)] F. Following Board of Commissioners approval of a Conditional -Only zoning district, the property shall be identified on the zoning maps by the appropriate Conditional-Only district designation. [formerly § 153.203] G. If an application for a Conditional -Only zoning district is approved, all conditions attached to the a…

Zone name Conditional Only
General category COMMERCIAL
Zone area 121.91 ac
Source Chapter 5
Top alternative use upside
Medical building $4.4M +13.9%
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