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Light Industrial Land with Warehouse
For Sale
$5,900,000

5522 Orr Road, Monroe, NC 28110

Almost 18 acres with existing warehouse near Sun Valley.

Property Size9,000 SF
Lot Size18.00 Acres
Price / SF$655.56
Days on Market706

Property Features for 5522 Orr Road

General Information

Standard status Active
Size 9,000 SF
Lot size 18.00 Acres
Property subtype Commercial

Amenities

Corner Lot
Open Lot

Building Details

Year Built 1960
Listing Agency: CRG REAL ESTATE
Listed By: BRIAN CONNAUGHTON · License #285076
Source: Corcoran
Added: Sep 14, 2024 Changed: Aug 18 Last Checked: Aug 20 at 6:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CRG REAL ESTATE

Investment Insights

Based on property information with market context.

This property features almost 18 acres of light industrial land. It is located behind Sun Valley Commons and includes an existing 9,000-square-foot warehouse. The sellers have approved plans for an industrial park, offering the option to proceed with the existing plans or develop new ones. There is also an option to separate the warehouse with 1.64 acres from the proposed industrial park. Furthermore, plans are in place for 320 luxury apartments to be constructed directly next door, along with a new entrance to Wesley Chapel Stouts Road.

Key Highlights

  • Almost 18 acres of Light Industrial land.
  • Existing 9000 sq ft warehouse on site.
  • Approved plans for an Industrial park.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Parking Lot & Garage Law Firm Auto Parts Store Grocery & Convenience Store Computer & Electronic Repair Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

220
Businesses Nearby

Demographics for 28110, NC

53,316
Population
20,236
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
127.4 sq mi
ZIP Area
418
Density / Sq Mi
$81,221
Median Household Income
$41,425
Median Earnings
$1,313
Median Rent
$302,600
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Almost 18 acres with existing warehouse near Sun Valley.
Where is this industrial land located?
The property is located at 5522 Orr Road Monroe, NC.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Almost 18 acres of Light Industrial land.; Existing 9000 sq ft warehouse on site.; Approved plans for an Industrial park.
More about this property
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