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    Monroe Land Development Opportunity

    1116 Medlin Road Monroe, NC 28112

    1116 Medlin Road, Monroe, NC, 28112
    $549,900
    For Sale
    Claim this Listing
    $549,900

    LAND - Monroe, NC

    Property Size3,218 SF
    Lot Size5.09 Acres
    Price / SF$170.88
    AddedMay 15
    Days on Market61
    Last RefreshJul 14 at 11:06 pm

    Property Features for 1116 Medlin Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AQ4
    Standard status
    Active
    APN
    09-197-027 + 09-197-028
    Size
    3,218 SF
    Lot size
    5.09 Acres

    Taxes and HOA fees

    Tax Description
    WATSON 1116 MEDLIN ROAD

    Utilities

    Water source
    Well

    Listing agent Thomas Elrod License #268537

    Listing office Keller Williams Ballantyne Area 14045 Ballantyne Corporate Pl, #500, Charlotte, NC

    Listing date May 15, 2026

    MLS# 4378512 Listing URL

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This expansive +/-5.10-acre site, comprised of two contiguous parcels, presents a development opportunity in Monroe. Zoned RLD (Residential Low Density) within the City of Monroe jurisdiction, the property is suited for a residential cluster subdivision with a potential yield of 10-14 lots. The site benefits from access to city water and sewer services. A 3,218 sq. ft. home built in 1920 is located on the property, which could be used as a central clubhouse, HOA amenity center, or administrative office. The site is also suited for institutional uses such as assisted living, daycare, or private educational facilities via a Special Use Permit (SUP) through the Board of Adjustment. Featuring two parcels of 2.69 and 2.41 acres, investors can explore phased development or immediate resale of one half. This property is located in the Sunset/Franklin neighborhood.

    Key Highlights

    • Prime 5.10‑acre development opportunity within Monroe city limits.
    • Zoned RLD for a residential cluster subdivision with a potential yield of 10‑14 lots.
    • Superior access to city water and sewer services.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Building Supply Hair Salon Nail Salon Kitchen & Bath Showroom Parking Lot & Garage Grocery & Convenience Store Bakery Furniture & Home Goods Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Residential land & home lot - Prime 5.10-acre site for residential development or institutional uses.
    Where is this residential land & home lot located?
    The property is located at 1116 Medlin Road Monroe, NC.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: Prime 5.10‑acre development opportunity within Monroe city limits.; Zoned RLD for a residential cluster subdivision with a potential yield of 10‑14 lots.; Superior access to city water and sewer services.
    Contact an agent
    (704) 887-6600
    We can help!
    Contact an agent
    Thomas Elrod
    Real Estate License ID: 268537
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