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    2635 Concord Hwy Monroe, NC 28110

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    For Sale
    $479,000

    One-acre commercial lot suitable for retail, offices, or small business.

    Property Features for 2635 Concord Hwy

    General Information

    Standard status
    Active

    Building Details

    Year built
    1954

    Source: EXP REALTY LLC BALLANTYNE Agent SAL GIRGENTI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot with Mixed-Use Zoning

    This property features a 1-acre lot zoned for mixed-use commercial purposes. The property consists of two lots, offered together by the seller. It presents a location suitable for retail spaces, offices, a church, or a small business. The site includes a 1500 square foot brick home. The home is connected to electricity, city water, and city sewage, but lacks a septic system. Recent area growth enhances the location's potential for business ventures. The property was recently updated for commercial use, and the tax value represents the 2024 tax value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    C H Fencing Fence Contractor

    Suggested Use

    Realty agency Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Kitchen & Bath HVAC Service Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.54162
    Latitude
    35.023834

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    FAQs

    What type of property is this?
    Commercial land - One-acre commercial lot suitable for retail, offices, or small business.
    Where is this commercial land located?
    The property is located at 2635 Concord Hwy Monroe, NC.
    What is the asking price?
    The asking price for this property is $479,000.
    What are key features of this property?
    This property features: - 1-acre lot zoned for mixed-use commercial, suitable for retail, offices, church, or small business.; - Includes a 1500 sq ft brick home.; - Located in an area with recent growth, making it an **excellent business location**.
    Request Owner's contact information
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    Monroe, NC 28110
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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
    2635 Concord Hwy Monroe, NC 28110
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