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    5914 Secrest Shortcut Rd Monroe, NC 28110

    Sponsored
    For Sale
    $3,219,840

    27.2 Acres, $3.2M Asking Price

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 27.2-acre commercial land parcel presents a significant investment opportunity in Monroe, North Carolina. Located at 5914 Secrest Shortcut Rd, in Union County, zip code 28110, this property offers substantial potential for various commercial developments. The expansive lot size provides ample space for a wide range of projects, from large-scale industrial facilities to retail centers or other commercial ventures. Its strategic location within Monroe offers convenient access to major transportation routes, ensuring excellent connectivity for businesses and employees. The asking price for this prime commercial land is $3,219,840. Detailed site surveys and environmental reports are available upon request. This property is being offered as-is, and buyers are encouraged to conduct their own due diligence. Given its size and location, this land represents a rare opportunity to acquire a significant commercial holding in a rapidly growing area of North Carolina. The property's latitude and longitude coordinates are 35.071566 and -80.6057189 respectively. Serious inquiries only. This is a fantastic opportunity to secure a substantial piece of commercial real estate in a thriving market.

    Property Features for 5914 Secrest Shortcut Rd

    General Information

    Property type
    Land
    Lot Size
    1,184,832 SF

    HighLights

    • 27.2‑acre commercial land parcel in Monroe, NC.
    • Located at 5914 Secrest Shortcut Rd, Union County, 28110.
    • Suitable for various commercial developments, including industrial and retail.
    • Excellent access to major transportation routes.
    • Asking price: $3,219,840.
    • Sold as‑is; buyer due diligence required.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Department Store Kitchen & Bath Storage Facility Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.6057189
    Latitude
    35.071566

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    FAQs

    What type of property is this?
    Land - 27.2 Acres, $3.2M Asking Price
    Where is this land located?
    The property is located at 5914 Secrest Shortcut Rd Monroe, NC.
    What is the asking price?
    The asking price for this property is $3,219,840.
    What are key features of this property?
    This property features: 27.2-acre commercial land parcel in Monroe, NC.; Located at 5914 Secrest Shortcut Rd, Union County, 28110.; Suitable for various commercial developments, including industrial and retail.
    Request Owner's contact information
    5914 Secrest Shortcut Rd 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
    5914 Secrest Shortcut Rd Monroe, NC 28110
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