Industrial Flex Warehouse with
For Sale
$1,400,000
4826 E Fork Lane, Monroe, NC 28110
Industrial flex property with combined warehouse and office space on roughly 0.91 acres.
Property Size19,951 SF
Lot Size0.91 Acres
Price / SF$233.33
Days on Market169
Property Features for 4826 E Fork Lane
General Information
Standard status
Active
Size
19,951 SF
Lot size
0.91 Acres
Property subtype
Industrial
Additional Details
Highway Access
Yes
Amenities
Additional parcels description:, Parcel Number: 07-048-017-E, Assessed Value: $381,800, Zoning: AR3
Listing ID: CAR4421968, Standard Status: Active, MLS Status: Active, Property Subtype: Industrial, Special Conditions: None
Built in 1995, 1 building
County/Parish: Union
Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
19,951 SF
Year Built
1995
Listing Agency:
Century 21 Providence Realty
(704) 847-2144
Listed By:
Pat Flanagan
(704) 916-9552
Source:
Blackstreaminternational
Added: May 8
Changed: Oct 21
Last Checked: Oct 20 at 10:51PM
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 Century 21 Providence Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial flex property offers a combination of warehouse and office space, providing a setup that can support a range of operational needs. The site includes approximately 6,000 SF total and is situated on roughly 0.91 acres.
Located at 4826 E Fork Ln in Monroe, NC, the property is positioned near Old Charlotte Highway and major transportation corridors, supporting convenient access to Monroe, Indian Trail, Matthews, and the greater Charlotte market. It also sits within an established industrial/business park environment surrounded by industrial and commercial users.
The layout is particularly suited for users seeking on-site office support alongside warehouse work space, including owner-users and contractors, as well as service companies, distribution, storage, and light manufacturing.
Located at 4826 E Fork Ln in Monroe, NC, the property is positioned near Old Charlotte Highway and major transportation corridors, supporting convenient access to Monroe, Indian Trail, Matthews, and the greater Charlotte market. It also sits within an established industrial/business park environment surrounded by industrial and commercial users.
The layout is particularly suited for users seeking on-site office support alongside warehouse work space, including owner-users and contractors, as well as service companies, distribution, storage, and light manufacturing.
Key Highlights
- Industrial flex property built in 1995 with approximately 6,000 SF of warehouse and office space
- Located on roughly 0.91 acres in an established industrial/business park setting
- Suitable for owner‑users and businesses including contractors, service companies, distribution, storage, and light manufacturing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,507
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,390,140
$1.4M
Cap Rate 7%
$992,957
$993.0K
Cap Rate 9%
$772,300
$772.3K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$113.8K $18.96/SF
− Vacancy
−$6.8K −$1.14/SF
EGI
$106.9K $17.82/SF
− OpEx
−$37.4K −$6.24/SF
NOI
$69.5K $11.58/SF
Area
Union County, NC
Vacancy
6.00%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,390,140
Cap Rate 7%
$992,957
Cap Rate 9%
$772,300
Alternative Uses
Best Use
Flex RnD
$993.0K
$868.8K – $1.16M
NOI $69,507 @ 7.0% cap · market cap 4.96%
Second Best
Warehouse
$622.9K
$545.1K – $726.8K
NOI $43,605 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,730 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Balanced
Demand for This Use
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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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex property with combined warehouse and office space on roughly 0.91 acres.
Where is this flex space located?
The property is located at 4826 E Fork Lane Monroe, NC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Industrial flex property built in 1995 with approximately 6,000 SF of warehouse and office space; Located on roughly 0.91 acres in an established industrial/business park setting; Suitable for owner‑users and businesses including contractors, service companies, distribution, storage, and light manufacturing
