5610 Morgan Mill Rd, Monroe, NC 28110
Four-acre commercial property with warehouse, office, and metal building.
- Added:
- Jan 28, 2026
- Days on Market:
- 150
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 5610 Morgan Mill Rd
General Information
- Standard status
- Active
- Size
- 4,400 SF
- Lot size
- 4.00 Acres
- Property subtype
- Mixed Use
Listing office Keller Williams South Park (704) 221-8553
Listing date Jan 28, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams South Park
HighLights
- Three parcels totaling over four acres in Union County, NC.
- Warehouse/office space of approximately 4,400 sq ft with bay doors/loading docks.
- Separate metal building of approximately 2,400 sq ft.
- Additional 400+ sq ft house suitable for office use.
- Strong investment/rental potential with previous tenants paying $6,000/month.
- Ample parking and space for equipment storage or future expansion.
Overview
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 | $114.6k | $26.04 |
| − Vacancy | −$23.0k | −$5.23 |
| EGI | $91.5k | $20.81 |
| − OpEx | −$22.9k | −$5.20 |
| NOI | $68.7k | $15.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Union
- State
- North Carolina
- Longitude
- -80.479464
- Latitude
- 35.074923