3840 Matthews Indian Trail RdMatthews, NC 28104

  • Industrial properties
  • 2,000 SF
For Sale
$1,100,000 View listing

Property Details for 3840 Matthews Indian Trail Rd

Year built
2001
Lot size
0.05 AC
Property size (Sq ft)
2,000 SF
Zone code
LI INDIAN TRAIL
Property type
Industrial properties
Property subtype
Other industrial properties
APN
07-105-023A06
APU
07105023A06

Description

This exceptional investment opportunity presents a 1100000 USD warehouse building situated at 3840 Matthews Indian Trail Road, Matthews, NC. The property boasts four spacious units, currently occupied by a single tenant, but easily divisible to maximize rental income potential. Each unit (Units 6, 7, 8, and 9) offers significant flexibility for a variety of industrial or storage uses. The building's layout is adaptable to suit the needs of multiple tenants, making it an ideal asset for long-term growth and diversification. Its strategic location near Highway 74 ensures excellent accessibility and visibility, attracting a wide range of potential tenants. This presents a rare chance to acquire a versatile income-producing property in a high-demand area. The property sits on a 0-acre lot and is classified as industrial. The current occupancy provides immediate cash flow, while the potential for multiple tenants offers significant upside for future returns. This is a strong investment opportunity for those seeking a stable and growing income stream in the thriving Matthews market. Don't miss this chance to own a valuable piece of commercial real estate in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $646,830
    Hospitality
    $592,493
    Educational
    $492,947
    Medical
    $509,901
    Retail
    $766,807
3840 Matthews Indian Trail Rd, Matthews, North Carolina

Location Insight

City
Matthews
County
Union
State
North Carolina
Latitude
35.09
Longitude
-80.674
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
$1,032
$34,900
$85,900
$120,800
-
$34,900
$85,900
$120,800

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