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    2701 Simpson St, Unit Monroe Monroe, NC 28112

    For Sale
    Contact for pricing

    87,500 SF USDA-inspected food processing and cold storage facility.

    Property size:
    87 SF

    Property Features for 2701 Simpson St

    General Information

    Size
    87 SF

    Building Details

    Year built
    1950

    Source: Patrick Register Agent Patrick Register

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

    Overview

    Food Processing & Cold Storage Facility

    The property at 2701 Simpson St in Monroe, NC, presents an opportunity to acquire an approximately 87,500 SF USDA-inspected (2020) food processing and cold storage facility situated on approximately 30.50 acres. Previously operated by Duke Foods / Discover Fresh Foods, the site includes a 1-million-gallon-per-day wastewater treatment system, extensive refrigeration infrastructure, and heavy power supplied by two platform-mounted 2,000 KVA transformers and one pad-mounted 1,000 KVA transformer (277/480V, 3-phase). Additional structures on the property include an on-site maintenance building and a boiler/storage building with drive-in doors. The main building features van-accessible drive-ins for compactor and equipment deliveries. The cold storage systems were last operational in January 2025 and appear to be in good condition. This property is suited for owner-users in the food production or cold storage industries seeking a facility with existing infrastructure.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DiscoverFresh Foods (Formerly ... Distribution Service

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.4996786
    Latitude
    34.982379

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - 87,500 SF USDA-inspected food processing and cold storage facility.
    Where is this refrigerated / cold storage located?
    The property is located at 2701 Simpson St, Unit Monroe Monroe, NC.
    What are key features of this property?
    This property features: - USDA-inspected (2020) ±87,500 SF food processing and cold storage facility.; - Equipped with a 1-million-gallon-per-day wastewater treatment system.; - Extensive refrigeration infrastructure in apparent good condition (last on in January 2025).
    (704) 621-0190
    Request Owner's contact information
    2701 Simpson St, Unit Monroe Monroe, NC 28112
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    Monroe, NC 28112
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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
    2701 Simpson St, Unit Monroe Monroe, NC 28112
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