Monroe Flex/Medical/Office
2814 Gray Fox Rd, Monroe, NC 28110
6,700 SF building on 1.6 acres, versatile for professional uses.
Type:Office
Property size:
6,700 SFLot size:
1.60 AcresPrice / SF:
$305/SF- Added:
- Mar 6, 2026
- Days on Market:
- 112
- Last Refresh:
- Mar 16 at 3:03 pm
Property Features for 2814 Gray Fox Rd
General Information
- Standard status
- Active
- Size
- 6,700 SF
- Lot size
- 1.60 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2011
Listing office Ty-Par Commercial Realty
Listing date Mar 6, 2026
Source Crexi
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 Ty-Par Commercial Realty
HighLights
- Prime location with easy access to US Highway 74 and I‑485.
- Versatile 6,700 SF freestanding building suitable for various professional uses.
- Building in great condition with newer roof and HVAC systems.
- Ample surface parking for staff and visitors.
- Flexible layout ideal for medical/office conversion.
- Located in Union County, offering low taxes.
Overview
Located at 2814 Gray Fox Road, Monroe, NC 28110, this well-maintained 6,700 SF freestanding building is situated on a spacious 1.6-acre lot within a light industrial/flex park setting. The property is currently occupied by an established pediatric occupational therapy practice. The property's light industrial zoning allows for medical, office, flex, or similar professional uses. The building is in great condition and features a newer roof and HVAC systems. Ample surface parking is available for staff, patients/clients, and visitors. The layout is flexible and suitable for medical/office conversion or continued professional services. The property has a prominent location with easy access to US Highway 74, providing connectivity to the Charlotte metro area and is just minutes from I-485. This property is suitable for an owner-user seeking a turnkey professional space or an investor looking for stable tenancy in a growing market. The Union County location offers low taxes and a business-friendly environment.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $174.5k | $26.04 |
| − Vacancy | −$35.1k | −$5.23 |
| EGI | $139.4k | $20.81 |
| − OpEx | −$34.8k | −$5.20 |
| NOI | $104.5k | $15.60 |
6,700 SF · lease $26.04/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.49M
$1.31M – $1.74M
NOI $104,550 @ 7.0% cap · market cap 5.12%
Second Best
Healthcare Medical
$1.33M
$1.17M – $1.56M
NOI $93,315 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M
NOI $144,865 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
gray fox children's ...
Tutoring Service
Tiffany Halawi
Physician
Jennifer Gottlieb
Physician
Eulonda Williams
Physician
Kirstin Smyth
Physician
Similar Places Nearby
- Mercy Animal Hospital — 3806 Sardis Church Rd, Monroe, NC 28110
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Union
- State
- North Carolina
- Longitude
- -80.619092
- Latitude
- 35.0592089
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - 6,700 SF building on 1.6 acres, versatile for professional uses.
Where is this medical office space located?
The property is located at 2814 Gray Fox Rd Monroe, NC.
What is the asking price?
The asking price for this property is $2,043,500.
What are key features of this property?
This property features: Prime location with easy access to US Highway 74 and I‑485.; **Versatile 6,700 SF freestanding building** suitable for various professional uses.; Building in great condition with newer roof and HVAC systems.
