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    1016 Monroe St Carthage, NC 28327

    Sponsored
    For Sale
    $799,000

    Prime Carthage location, 3000 sq ft building, 0.5-acre lot. Great investment opportunity.

    Property size:
    3,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 1016 Monroe Street in Carthage, North Carolina, presents a compelling investment opportunity. The building encompasses a substantial 3,000 square feet of space, offering ample room for a variety of commercial uses. The property sits on a half-acre lot (0.5 acres), providing generous outdoor space, potentially suitable for parking, expansion, or landscaping. The building's interior layout is adaptable and can be configured to meet the specific needs of a diverse range of businesses. Its strategic location in Carthage offers excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and established businesses alike. The asking price of $799,000 reflects the property's significant potential and strong location within the Carthage commercial market. This is a rare opportunity to acquire a substantial commercial property in a desirable location, offering both immediate usability and long-term growth potential. Serious inquiries are encouraged to explore the possibilities this property presents. Further details regarding the building's specifications and zoning are available upon request. Don't miss this chance to secure a valuable asset in the thriving Carthage business community.

    Property Features for 1016 Monroe St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,000 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    2003
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    Moore
    State
    North Carolina
    Longitude
    -79.40152
    Latitude
    35.34068

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Carthage location, 3000 sq ft building, 0.5-acre lot. Great investment opportunity.
    Where is this commercial real estate located?
    The property is located at 1016 Monroe St Carthage, NC.
    What is the asking price?
    The asking price for this property is $799,000.
    (910) 997-2544
    Request Owner's contact information
    1016 Monroe St Carthage, NC 28327
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    Carthage, NC 28327
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1016 Monroe St Carthage, NC 28327
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