Flex Space with Office
4826 E Fork Lane, Monroe, NC 28110
For Sale
$1,400,000
Commercial Sale, Monroe, NC
Property Size6,000 SF
Lot Size0.90 Acres
Price / SF$233.33
Days on Market68
Property Features for 4826 E Fork Lane
General Information
Property type
Property subtype
Zoning
Zoning description
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Building Details
Year built
Floors in Building
Listing Agency:
Century 21 Providence Realty · Century 21 Real Estate
(704) 289-2121
Listed By:
Pat Flanagan · License NC #295126
(704) 916-9552
Added: Sep 4
Changed: Oct 29
Last Checked: Nov 10 at 5:06PM
MLS# 4421968
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1995, this 6,000-square-foot flex property combines warehouse and office space. The layout brings work and administrative areas together within a single commercial building, with AR3 zoning.
The property is on E Fork Lane in Monroe, within an industrial and business park setting with surrounding industrial and commercial users. Old Charlotte Highway and other major transportation corridors provide access toward Monroe, Indian Trail, Matthews, and the greater Charlotte area.
The property is on E Fork Lane in Monroe, within an industrial and business park setting with surrounding industrial and commercial users. Old Charlotte Highway and other major transportation corridors provide access toward Monroe, Indian Trail, Matthews, and the greater Charlotte area.
Key Highlights
- 6,000 SF of flex space
- Warehouse and office components
- Built in 1995
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
$624.2K
$546.2K – $728.3K
NOI $43,697 @ 7.0% cap · market cap 3.12%
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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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Balanced
Demand for This Use
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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 - A warehouse-and-office configuration supports a range of commercial operations within one property.
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: 6,000 SF of flex space; Warehouse and office components; Built in 1995
