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    1510-1510 Skyway Dr Monroe, NC 28110

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    For Lease
    $7 SF/Yr ($2,062 /Mo)

    Retail space with bonus upstairs area in shopping center.

    Property size:
    3,300 SF
    Lot size:
    14.81 Acres

    Property Features for 1510-1510 Skyway Dr

    General Information

    Size
    3,300 SF
    Lot size
    14.81 Acres

    Source: W. E. Damon & Associates, LLC Agent John B. Ashcraft, Jr.

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

    Overview

    Retail Space in Monroe Plaza

    The property at 1510 Skyway Drive, located in the Monroe Plaza Shopping Center, offers 3,300 square feet of street-level floor area, complemented by an additional upstairs area of approximately 1,328 square feet. Situated on Skyway Drive/601 North at the US Highway 74 interchange, the location benefits from the presence of anchor tenants such as Compare Foods, Badcock Furniture, Dollar General, Citi-Trends, Beauty Supply, The Enquirer-Journal, and Holloway's Music.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.548789
    Latitude
    34.996374

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    FAQs

    What type of property is this?
    Strip mall - Retail space with bonus upstairs area in shopping center.
    Where is this strip mall located?
    The property is located at 1510-1510 Skyway Dr Monroe, NC.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - Located in Monroe Plaza Shopping Center at a high-traffic interchange (Skyway Drive/601 North at US Hwy. 74).; - Large street floor area of 3,300 sq. ft.; - Includes a bonus upstairs area of approximately 1,328 sq. ft.
    (704) 906-9116
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    1510-1510 Skyway Dr 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
    1510-1510 Skyway Dr Monroe, NC 28110
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