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    325 Sutherland Ave Monroe, NC 28110

    Sponsored
    For Lease
    Contact for pricing

    Prime 3-acre commercial lot, ideal for development.

    Lot size:
    130,680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.026-acre commercial land parcel presents a unique opportunity for development in Monroe, North Carolina. Strategically located at the corner of North Sutherland Avenue and Walkup Avenue, this property offers unparalleled visibility and accessibility. Its convenient location off Highway 74 and proximity to the Monroe Bypass ensures high traffic volume and easy access for customers and employees. The site is zoned GB (General Business), providing flexibility for a wide range of commercial uses. The previous building on the site has been demolished, leaving a clean slate for new construction. This presents a blank canvas for developers seeking to build a new commercial structure tailored to their specific needs. The expansive lot size provides ample space for substantial development, accommodating a variety of building sizes and layouts. The property's location in Monroe, NC, offers access to a thriving local economy and a growing population. This is an exceptional opportunity to acquire a prime commercial land parcel in a desirable location with excellent visibility and accessibility. The 28110 zip code offers a strong commercial base and a growing residential population. This property is ready for immediate development.

    Property Features for 325 Sutherland Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    130,680 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    130,680 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.5246575
    Latitude
    34.9860459

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    FAQs

    What type of property is this?
    Land - Prime 3-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 325 Sutherland Ave Monroe, NC.
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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
    325 Sutherland Ave Monroe, NC 28110
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