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    Property profile & analytics

    Old Monroe Rd Matthews, NC 28104

    • Retail space
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 01, 2021
    Location Intelligence
    Property ID
    US53-3624664
    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 for Old Monroe Rd

    Lot size
    0.05 lot acres
    Zone code
    NRD STALLINGS
    Property type
    Retail space
    APN
    07-129-314B
    APU
    07129314B

    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
    Union
    State
    North Carolina
    Longitude
    -80.6959
    Latitude
    35.086
    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
    $172
    $11,500
    $1,300
    $12,800
    -
    $11,500
    $1,300
    $12,800

    Comparable in this City

    • Value Estimation by Request
      204,329 SF

      6350 Weddington Est

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    • Value Estimation by Request
      1,998 SF

      Hook Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,998 SF
      Hook Rd, Matthews, NC 28104
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    • Value Estimation
      $565,000
      5,063 SF

      15040 Idlewild Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,063 SF
      15040 Idlewild Rd, Matthews, NC 28104-3604
      View Details
    • Value Estimation
      $315,000
      1.41 Acres

      Gribble Rd

      RETAIL STORES (PERSONAL SERVICES) • 1.41 Acres
      Gribble Rd, Matthews, NC 28104
      View Details
    • Value Estimation by Request
      0.80 Acres

      14617 Lawyers Rd, Unit A

      RETAIL STORES (PERSONAL SERVICES) • 0.80 Acres
      14617 Lawyers Rd, Matthews, NC 28104-3219
      View Details
    • Value Estimation by Request
      711 SF

      3116 Old Monroe Rd

      RETAIL STORES (PERSONAL SERVICES) • 711 SF
      3116 Old Monroe Rd, Matthews, NC 28104-5940
      View Details

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    Similar Nearby for Lease

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      Stallings Retail Space For Rent

      Expansive retail space in Stallings' proposed Downtown District area.
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      Retail Space Near Harris Teeter

      Retail space available in Matthews, anchored by Harris Teeter.
      7900 Stevens Mill Rd, Matthews, NC 28104
      View Details
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    Old Monroe Rd
    Matthews, NC 28104
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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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