Charlotte · Commercial sale
Cedar Commercial buys 10540 Monroe Rd in Matthews for $2.14 million
A commercial property at 10540 Monroe Rd, Matthews sold for $2,137,500 on September 22, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $2,137,500
- Recorded
- September 22, 2026
- Property type
- Commercial property
- Building area
- 12,867 sq ft
- Price per sq ft
- $166
- Year built
- 1988
A commercial property at 10540 Monroe Rd in Matthews sold for $2,137,500, 10% above its last recorded sale. The Mecklenburg County Assessor says the earlier sale was $1,943,000 in 2020.
The price is shown by transfer tax paid on a special warranty deed recorded September 22, 2026, with the Mecklenburg County Register of Deeds. The recorder's index lists Cedar Commercial LLC as the buyer.
The Assessor's records show 12,867 square feet of building area, a build year of 1988 and a 2.48-acre lot. The price works out to $166 per square foot. The market value on record is $2,039,200.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Mecklenburg County?
By our estimate, the seller's two largest charges, not counting prorations, were $4,275 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. Who pays what follows Mecklenburg County custom.
How much did the seller net?
By our estimate, the seller netted about $2,121,241. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $2,131,877 at closing. That covers the full price and closing costs.
Source: Mecklenburg County Assessor, parcel sales, document 40729-892. The price is the one indicated by the transfer tax paid; it may not be the actual sale price. Property details: Mecklenburg County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
