Listing Agency: KELLER WILLIAMS SELECT j***@kw.com Show Phone

Listed By: JAY ROSS · License #81033

Source: Corcoran

Added: Mar 27, 2023 Changed: Aug 8 Last Checked: Aug 8 at 6:03AM

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Investment Insights

Based on property information with market context.

This commercial land is located minutes from the Monroe Bypass and approximately 800 feet from Highway 74. City water is available on site, and sewer access can be requested from the City of Monroe. The current zoning is CC-MX1, allowing for 8 units per acre by right, with the potential for up to 10 units per acre if other conditions are met. The City of Monroe has expressed a preference for multi-family development on this site, suggesting possibilities for various projects.

Key Highlights

• City water on site
• Sewer access can be requested from the City of Monroe
• Close proximity to the Monroe Bypass

Property Analytics

Property Profile

Current Use

Spence Electric Co Electrical Service SBS Technologies Computer & Electronic Repair

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Restaurant HVAC Service Kitchen & Bath Showroom

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

89

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land available with city water and sewer access.

Where is this commercial land located?

The property is located at 2703 Rocky River Road Monroe, NC.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: City water on site; Sewer access can be requested from the City of Monroe; Close proximity to the Monroe Bypass