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    Property profile & analytics

    Matthews, NC 28227

    • Retail space
    • 3,759 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Last Sale
    Apr 18, 2024
    Location Intelligence
    Property ID
    US53-0858651
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details

    Year built
    1958
    Lot size
    0.39 lot acres
    Property size
    3,759 SF
    Zone code
    B-G DO-B
    Property type
    Retail space
    APN
    19703702
    APU
    19703702

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.6499
    Latitude
    35.1779
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,858
    $246,500
    $162,900
    $409,400
    -
    $246,500
    $162,900
    $409,400

    Comparable in this City

    • Value Estimation by Request
      5,840 SF

      7212 Independence Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,840 SF
      7212 Independence Blvd, Charlotte, NC 28227
      View Details
    • Value Estimation by Request
      7,665 SF

      9030 Albemarle Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,665 SF
      9030 Albemarle Rd, Charlotte, NC 28227-2680
      View Details
    • Value Estimation by Request
      7,632 SF

      8845 Albemarle Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,632 SF
      8845 Albemarle Rd, Charlotte, NC 28227-2615
      View Details
    • Value Estimation by Request
      6,900 SF

      10025 Albemarle Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,900 SF
      10025 Albemarle Rd, Charlotte, NC 28227-3438
      View Details
    • Value Estimation
      $1,465,000
      17,758 SF

      7714 Matthews Mint Hl Rd

      RETAIL STORES (PERSONAL SERVICES) • 17,758 SF
      7714 Matthews Mint Hl Rd, Mint Hill, NC 28227-7598
      View Details
    • Value Estimation by Request
      105,497 SF

      2516 Sardis N Rd

      RETAIL STORES (PERSONAL SERVICES) • 105,497 SF
      2516 Sardis N Rd, Charlotte, NC 28227-7723
      View Details

    Similar Nearby for Sale

    • $2,495,000
      8,784 SF

      Prime Charlotte Storefront

      8,784 SF Retail Space, High Traffic
      7511 Independence Blvd, Charlotte, NC 28227
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    • $775,000

      Prime Development Site in Mint Hill

      1.285-acre site ideal for medical, retail, or office development.
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    • $2,495,000
      8,784 SF

      Retail Space on Independence Blvd

      Retail space for sale on a highly traveled highway.
      7511 E Independence Blvd, Charlotte, NC 28227
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    • Contact for pricing
      59.84 Acres

      Prime Mint Hill Commercial Land

      59.84 Acres, R-zoned, Investment Opportunity
      9400 Blair Rd, Mint Hill, NC 28227
      View Details
    • $400,000
      1.91 Acres

      Mint Hill Land Opportunity

      1.91-acre homesite in equestrian-themed community near Charlotte.
      6421 Joli Cheval Ln, Mint Hill, NC 28227
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    • $150,000
      2.19 Acres

      Land with Water Views

      2.19-acre lot near Charlotte with water views.
      9836 Albemarle Rd, Charlotte, NC 28227
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    Similar Nearby for Lease

    • $3,000,000
      12,464 SF

      Crown Point Retail/Flex Opportunity

      Retail/flex space in mixed-use development, convenient location.
      2200 Crown Centre Dr, Charlotte, NC 28227
      View Details
    • Contact for pricing
      2,087 SF

      Retail Space Near Publix

      Retail and restaurant spaces available in Publix-anchored development.
      12809 Albemarle Rd, Charlotte, NC 28227
      View Details
    • $20 SF/Yr
      2,400 SF

      Retail Space on Albemarle Road

      High-visibility retail space with ample parking and flexible floor plan.
      9238-9252 Albemarle Rd, Charlotte, NC 28227
      View Details
    • Contact for pricing

      Retail/Restaurant Space in Charlotte, NC

      Retail or restaurant space available in Charlotte, NC.
      Albemarle Rd & Rocky Riv Church Rd, Charlotte, NC 28227
      View Details
    • Contact for pricing
      12,000 SF

      Retail Showroom Space For Lease

      Retail showroom space with dock door, easy highway access.
      2408-2500 Sardis Rd N, Charlotte, NC 28227
      View Details
    • $9,167 /Mo
      3,710 SF

      Former Restaurant with Drive-Thru

      3,710 SF former restaurant with drive-thru on 0.97 acres.
      6200 Wilson Grove Rd, Charlotte, NC 28227
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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