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    Jesse Perry, Monroe, NC

    License ID: 151915
    Walt Perry Realty Inc
    Association
    Charlotte Region Commercial Board Of Realtors

    Service Locations

    Contact details

    Phone:
    (704) 283-8181
    Office Address:
    1661 Walkup Ave Ste B, Monroe, NC, 28110-3600

    Performance

    Listings
    48

    Listings

    For Sale (45)

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    • $2,500,000
      6,058 SF

      Turnkey Event Venue on 10.5 Acres

      Established event venue in Lancaster, South Carolina, ready for operation.
      6815 Shiloh Unity Rd, Lancaster, SC 29720
      View Details
    • $115,000

      Land Parcel Near Highway 74

      Land parcel near U.S. Hwy 74 and S Main St.
      501 Witmore Rd, Wingate, NC 28174
      View Details
    • $72,500

      Land Near US Hwy 74

      Land available near US Hwy 74 and South Main Street.
      Witmore Rd, Wingate, NC 28174
      View Details
    • $16,590,000

      Monroe Industrial Land For Sale

      Industrial land available near major highways and utilities.
      409 N Bivens Rd, Monroe, NC 28110
      View Details
    • $6,390,000

      Land Near Monroe Expressway

      Land parcel near signalized intersection and Monroe Expressway.
      Secrest Shortcut Rd, Indian Trail, NC 28079
      View Details
    • $5,275,000

      Corner Land Near Porter Ridge

      Corner land parcel near new school, potential commercial rezoning.
      W Unionville-Indian Trl Rd, Indian Trail, NC
      View Details
    • Contact for pricing

      Commercial Land Ready For Development

      Commercial land available for development in a high-traffic location.
      1639 Dickerson Blvd, Monroe, NC 28110
      View Details
    • $1,027,000

      Land Near Monroe Expressway

      Commercial land available near the Monroe Expressway in Indian Trail.
      Bonterra Vlg Way, Indian Trail, NC
      View Details
    • $590,000

      Land with Leased Duplex

      Land with duplex, fully leased, near Old Monroe Marshville Road.
      3115 A Gilboa Rd, Wingate, NC
      View Details
    • $1,250,000

      Land Near Marshville, NC

      Land with utilities access near Monroe Expressway.
      5113 Highway 74 W, Marshville, NC 28103
      View Details
    • $5,423,000

      Land Parcel Near Monroe Expressway

      Land available for commercial rezoning near Monroe Expressway.
      5107 Myers Rd, Monroe, NC 28110
      View Details
    • $2,000,000

      Land Near Monroe Expressway

      Land with utilities near the Monroe Expressway.
      3012 Unionville Indian Trail Rd, Indian Trail, NC 28079
      View Details
    • $3,175,000

      Land Near Monroe Expressway

      Commercial land available near the Monroe Expressway.
      6309 Secrest Shortcut Rd, Indian Trail, NC 28079
      View Details
    • $1,100,000

      Land Near Monroe Expressway

      Land with electric and water near the Monroe Expressway.
      3024 Unionville Indian Trail Rd W, Indian Trail, NC 28079
      View Details
    • $493,000

      Land Near Signalized Intersection

      Commercial land available near a signalized intersection, rezoning intended.
      Highway 74 E, Marshville, NC 28103
      View Details
    • $1,060,000

      Land Near Monroe Expressway

      Land available near Unionville Indian Trail Rd and Secrest Short Cut Rd.
      6114 Secrest Shortcut Rd, Monroe, NC 28110
      View Details
    • $3,745,525

      Industrial Land Near Monroe Expressway

      Industrial land with CSX Railroad frontage near NC Hwy 74.
      Stegall Rd, Marshville, NC 28103
      View Details
    • $1,129,850

      Land Near Signalized Intersection

      Commercial land available near a signalized intersection.
      Highway 74 E, Marshville, NC 28103
      View Details
    • $250,000

      Land Near Signalized Intersection

      Commercial land available near a signalized intersection.
      74 East Hwy, Marshville, NC
      View Details
    • $1,627,500

      Land Available in Indian Trail

      Land for sale at 6304 Secrest Shortcut Rd, Indian Trail, NC.
      6304 Secrest Shortcut Rd, Indian Trail, NC 28079
      View Details
    • $6,968,250

      Land Assemblage Near Monroe Expressway

      Land assemblage bordering Myers, Rocky River, and Secrest Short Cut Roads.
      5107-5205 Myers Secrest Short Cut Rd, Monroe, NC
      View Details
    • $950,000

      Commercial Land at Signalized Intersection

      Prime commercial land near Monroe Expressway interchange.
      6122 Secrest Shortcut Rd, Monroe, NC 28110
      View Details
    • $500,000

      Land at Roundabout Intersection

      Land with frontage on two roads in New Salem area.
      218/Hwy 205, Marshville, NC
      View Details
    • $542,000

      Land For Sale

      Land available for sale in Indian Trail, North Carolina.
      3004 W Unionville Indian Trail Rd, Indian Trail, NC 28079
      View Details
    • $1,545,250

      Land Parcel Near Intersection

      Land parcel near a signalized intersection in Monroe, NC.
      5205 Secrest Shortcut Rd, Monroe, NC 28110
      View Details
    • $595,250

      Land Near Monroe Expressway

      Commercial land close to signalized intersection and Monroe Expressway.
      3325 Unionville - Indian Trl Rd W, Indian Trail, NC
      View Details
    • $499,800

      Land Available For Sale

      Mixed-use land available in Indian Trail, North Carolina.
      6504 Secrest Shortcut Rd, Indian Trail, NC 28079
      View Details
    • $2,800,000

      Land Near Monroe Expressway

      Commercial land with utilities near the Monroe Expressway.
      6107 Bonterra Vlg Way, Indian Trail, NC
      View Details
    • $1,400,000

      Land Near Monroe Expressway

      Land with utilities near the Monroe Expressway in Indian Trail.
      6125 Bonterra Vlg Way, Indian Trail, NC
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale in Monroe, NC.
      5912 Secrest Shortcut Rd, Monroe, NC 28110
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      Bonterra Vlg Way, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale. Call for details.
      1009 Unarco Rd, Marshville, NC 28103
      View Details
    • Contact for pricing

      Land For Sale

      Land available for purchase.
      6114 Secrest Shortcut Rd, Monroe, NC 28110
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      Unionville Indian Trail Rd, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Land Near Signalized Intersection

      Commercial land parcel near major roads and residential areas.
      3314 Unionville - Indian Trl Rd W, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      5914-6114 Secrest Shortcut Rd, Monroe, NC 28110
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      5107 5205 Myers Secrest Short Cut Rd, Monroe, NC 28110
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      7215 E Marshville Blvd, Marshville, NC 28103
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      6217 Secrest Shortcut Rd, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Land Near Monroe Expressway

      Land for sale near Hwy 74 and Lake Park.
      6415 Secrest Shortcut Rd, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      Bonterra Vlg Way, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      6504 Secrest Shortcut Rd, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Land For Sale

      Land available for purchase.
      5914 Secrest Shortcut Rd, Monroe, NC 28110
      View Details
    • Contact for pricing

      Land at Highway Corner Location

      Land for sale at the corner of two highways.
      Nc-218/Nc-205, Marshville, NC 28103
      View Details
    • Contact for pricing

      Hwy 74 & Unarco Land

      Land assemblage near signalized intersection, intent to rezone.
      Hwy 74 & Unarco Rd, Marshville, NC 28103
      View Details

    For Lease (3)

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    • $1,200 /Mo
      890 SF

      Office Space on W Main

      Office space for rent on W Main Street.
      112 W Main St, Marshville, NC 28103
      View Details
    • $2,500 /Mo
      3,040 SF

      Retail Space on Highway 74

      Retail space with frontage on Highway 74 in Peachland, NC.
      10483 Us Highway 74 W, Peachland, NC 28133
      View Details
    • Contact for pricing

      2208 W Roosevelt Blvd, Monroe, NC 28110

      Office properties & Spaces
      2208 W Roosevelt Blvd, Monroe, NC 28110
      View Details

    Leases and Sales on Map

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    Jesse Perry, Monroe, NC
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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    Jesse Perry, Monroe, NC
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