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    634 Monroe St Eden, NC 27288

    Sponsored
    For Sale
    $399,900

    Prime Eden location, versatile building, high potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This remarkable 1939 building, originally constructed as a US Post Office, presents a unique investment opportunity in the heart of Eden, NC. Its rich history is evident in the meticulously preserved granite steps, walls, and substantial structure, reflecting the high standards of government construction. A portion of the roof boasts a copper covering, adding to its distinctive character. The property offers significant potential for a variety of uses, having previously served as a post office, church, restaurant, and athletic training facility. Its versatility is further enhanced by ample parking and loading docks, catering to diverse operational needs. Two HVAC systems ensure climate control throughout the building. The interior reveals the building's substantial size and inherent potential, waiting to be transformed to suit a new owner's vision. The property's location in Eden offers excellent accessibility and visibility, making it an attractive proposition for a wide range of businesses. This is a rare chance to acquire a piece of Eden's history and capitalize on its considerable redevelopment potential. The asking price is $399,900. Serious inquiries only.

    Property Features for 634 Monroe St

    General Information

    Property type
    Investment properties

    Building Details

    Year Built
    1939
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Eden
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.76382
    Latitude
    36.49132

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    FAQs

    What type of property is this?
    Investment property - Prime Eden location, versatile building, high potential.
    Where is this investment property located?
    The property is located at 634 Monroe St Eden, NC.
    What is the asking price?
    The asking price for this property is $399,900.
    (336) 627-1055
    Request Owner's contact information
    634 Monroe St Eden, NC 27288
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    Eden, NC 27288
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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
    634 Monroe St Eden, NC 27288
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