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Industrial Land with Warehouse
For Sale
$5,900,000

5522 Orr Road, Monroe, NC 28110

The property combines an existing warehouse with approved plans for an industrial park.

Property SizeContact for details
Days on Market280

Property Features for 5522 Orr Road

General Information

Standard status Active
Property subtype Commercial
Zoning AR3

Building Details

Year Built 1960
Listing Agency: CRG Real Estate
Listed By: Brian Connaughton · License #285076
Source: Dylerealestate
Added: Jan 23 Changed: Oct 26 Last Checked: Oct 29 at 8:15PM

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 CRG Real Estate

Rey
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Investment Insights

Based on property information with market context.

This industrial property comprises almost 18 acres and includes an existing warehouse. Approved plans for an industrial park are in place, and the land may be configured under a different plan. The warehouse with 1.64 acres can be separated from the proposed industrial park.

The property is zoned AR3. A 320-unit apartment project is planned directly next door, and a new entrance is planned on Wesley Chapel Stouts Road.

Key Highlights

  • Almost 18 acres of industrial land
  • Existing warehouse on the property
  • Approved plans for an industrial park

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Industrial land

Suggested Use

Top Pick Parking Lot & Garage Law Firm Auto Parts Store Grocery & Convenience Store Computer & Electronic Repair Locksmith

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

220
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - The property combines an existing warehouse with approved plans for an industrial park.
Where is this industrial land located?
The property is located at 5522 Orr Road Monroe, NC.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Almost 18 acres of industrial land; Existing warehouse on the property; Approved plans for an industrial park
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