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    2930 Old Charlotte Hwy Monroe, NC 28110

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    For Sale
    $210,000

    0.75-acre commercial lot, excellent development opportunity in Monroe, NC.

    Property Features for 2930 Old Charlotte Hwy

    General Information

    Standard status
    Active

    Source: CRG REAL ESTATE Agent BRIAN CONNAUGHTON

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

    Overview

    Prime Commercial Lot in Monroe

    This 0.75-acre commercial lot is located at the intersection of Old Charlotte Highway and Timber Lane in Monroe. The City of Monroe identifies this location within the Suburban character area of the future land use map. Permitted uses include single-family residential, multi-family residential, commercial office, medical facilities, civic spaces, and open areas. The lot is next to Circle K and is accessible from a major roadway connecting Monroe and Indian Trail. Water and sewer services are available, but tap fees have not been paid. A previously approved 6-unit retail space has lost its vesting, and new projects require rezoning.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.5881293
    Latitude
    35.0184734

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    FAQs

    What type of property is this?
    Commercial land - 0.75-acre commercial lot, excellent development opportunity in Monroe, NC.
    Where is this commercial land located?
    The property is located at 2930 Old Charlotte Hwy Monroe, NC.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: - Prime 0.75-acre commercial lot at the intersection of Old Charlotte Highway and Timber Lane.; - Permitted uses include single-family, multi-family, commercial office, medical facilities, civic spaces, and open areas.; - Conveniently located next to Circle K.
    (704) 443-8822
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    2930 Old Charlotte Hwy Monroe, NC 28110
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    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
    2930 Old Charlotte Hwy Monroe, NC 28110
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