Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    Mark H Wright, Concord, NC

    License ID: NC 188484
    Mw Commercial Realty Llc
    Association
    Charlotte Region Commercial Board Of Realtors

    Service Locations

    Contact details

    Phone:
    (704) 634-7429
    Office Address:
    602 Kintyre Dr, Monroe, NC, 28112-4113

    Performance

    Listings
    26

    Listings

    For Sale (17)

    View map
    • $375,000
      1.25 Acres

      Prime Hwy 74 Commercial Land

      1.25 Acres, High Visibility, Monroe, NC
      5205 Highway 74, Monroe, NC 28110
      View Details
    • $600,000
      2.00 Acres

      Concord Corner Lot - Development Ready

      Prime 2-acre commercial lot, Hwy 49, Concord, NC.
      0 Cold Springs Rd, Concord, NC 28025
      View Details
    • $495,000
      2.60 Acres

      Prime Monroe Commercial Land

      2.6-Acre Development Opportunity
      0 Lancaster Ave, Monroe, NC 28112
      View Details
    • $594,000
      1.98 Acres

      Prime Indian Trail Commercial Land

      1.98 Acres, RA-40 Zoning, $594,000
      824 Waxhaw Indian Trail Rd, Indian Trail, NC 28079
      View Details
    • $875,000
      5.00 Acres

      Wingate, NC 5-Acre Development Land

      Prime residential development opportunity near Monroe Bypass.
      1009 Austin Chaney Rd, Wingate, NC 28174
      View Details
    • $3,050,000
      18,000 SF

      Functional Industrial Facility For Sale

      18,000 SF facility ideal for owner-users or investors.
      3213 Westwood Industrial Dr, Monroe, NC 28110
      View Details
    • $275,500

      Industrial Land For Sale

      3.5-acre industrial-zoned land ideal for manufacturing, warehousing, or distribution.
      Bravo Pl, Monroe, NC 28110
      View Details
    • $440,000

      2.6 Acre Commercial Land Available

      2.6 acres of commercial land with utilities in Monroe, NC.
      Lancaster Ave, Monroe, NC 28112
      View Details
    • $594,000

      Two Acre Parcel For Sale

      Two acre parcel in Wesley Chapel, NC for sale.
      824 Waxhaw Indian Trail Rd, Waxhaw, NC 28173
      View Details
    • $875,000

      Wingate Development Opportunity

      Land available near Monroe Bypass and Austin Chaney intersection.
      Austin Chaney Rd, Wingate, NC 28174
      View Details
    • $1,400,000

      Land for Commercial Rezoning

      Land available for commercial rezoning in Stallings, North Carolina.
      132 Stallings Rd, Stallings, NC 28104
      View Details
    • $450,000

      Office and Warehouse Space Available

      Functional office and warehouse space on 1.97-acre lot.
      421 E Old Highway 74, Monroe, NC 28112
      View Details
    • $950,000

      2.42 Acre Corner Lot

      Corner lot available off Hwy 74 in Stallings, NC.
      2004 Un Beltway Rd, Stallings, NC
      View Details
    • $375,000

      Commercial Acreage For Sale

      Commercial acreage available for sale in Monroe, North Carolina.
      5205 Highway 74 W, Monroe, NC 28110
      View Details
    • $600,000

      Development Opportunity Near Cabarrus Arena

      2-acre lot for development near Cabarrus County Arena.
      1200 Cold Springs Rd, Concord, NC 28025
      View Details
    • $600,000

      Monroe Office/Medical Building For Sale

      Two-story office/medical building in Monroe's medical and professional district.
      315 S Sutherland Ave, Monroe, NC 28112
      View Details
    • $1,100,000
      10,000 SF

      Retail Building on Highway 601

      10,000 SF retail building on 4.9 acres for sale.
      1314 N Van Lingle Mungo Blvd, Pageland, SC
      View Details

    For Lease (9)

    View map
    • Contact for pricing
      130,680 SF

      Monroe Commercial Land - 3 Acres

      Prime 3-acre commercial lot, ideal for development.
      325 Sutherland Ave, Monroe, NC 28110
      View Details
    • Contact for pricing
      52,708 SF

      Prime Monroe Commercial Land

      1.21-Acre Lot, Hwy 74 Access
      1506 Morgan Mill Rd, Monroe, NC 28110
      View Details
    • Contact for pricing
      161,172 SF

      Prime Monroe, NC Commercial Land

      3.7 Acres, General Business Zoning
      2290 Secrest Shortcut Rd, Monroe, NC 28110
      View Details
    • $15 SF/Yr
      2,729 SF

      Indian Trail Flex Space Available

      Industrial/Flex unit for lease in Indian Trail, North Carolina.
      1000 Van Buren Ave, Indian Trail, NC 28079
      View Details
    • $22 SF/Yr
      1,680 SF

      Professional Office Space Available

      Office space for rent in Renaissance Office Park, Monroe, NC.
      2318 Katie Leigh Ln, Monroe, NC
      View Details
    • $14 SF/Yr
      6,000 SF

      Monroe Flex/Industrial Unit For Lease

      6,000 SF flex/industrial unit available for lease.
      2827 Gray Fox Rd, Monroe, NC 28110
      View Details
    • $25 SF/Yr
      1,290 SF

      Prime Retail/Office Space Available

      1,290 SF end-cap suite near Monroe Crossing Mall.
      2160 Commerce Dr, Monroe, NC 28110
      View Details
    • $12 SF/Yr
      4,500 SF

      Versatile Industrial/Flex Unit for Lease

      4,500 SF industrial/flex unit with offices and roll-up door.
      202 Pedro St, Monroe, NC 28110
      View Details
    • $19 SF/Yr
      4,328 SF

      Medical Office Space Near Atrium

      Office/medical suite in Monroe, NC, near Atrium Health Union.
      1640 Campus Park Dr, Monroe, NC 28112
      View Details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Mark H Wright, Concord, NC
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    Send Message to
    Mark H Wright, Concord, NC
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    (704) 634-7429
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.