13.038 AC Tract - Weddington

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13.038 AC Tract - Weddington

Matthews, NC 28105
Asking Price
Contact for price
Asset Type
Land
Class
Class B

What's Special

This 13.038-acre development tract is situated in the Weddington area of Matthews, North Carolina, positioned within a high-growth corridor of Union County. The surrounding neighborhood is characterized by upscale residential subdivisions, professional office parks, and established retail centers. The property offers proximity to the Siskey YMCA and the Colonel Francis Beatty Park, providing significant community infrastructure. Local transportation access is anchored by nearby Providence Road (Highway 16) and Weddington Road, offering direct connectivity to the I-485 outer beltway and the broader Charlotte metropolitan region. The land is well-suited for a variety of suburban development applications, including professional medical offices, boutique commercial space, or high-end residential estates. Given the local demographics and zoning trends, ideal occupants would include healthcare providers, private educational institutions, or corporate users seeking a satellite office location. The expansive acreage provides sufficient flexibility for master-planned projects that require ample parking and buffered landscaping. This site appeals to developers or owner-users focused on long-term investment within a stabilizing, affluent suburban submarket.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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