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    5912 Secrest Shortcut Rd Monroe, NC 28110

    For Sale
    $300,000

    1.24 Acres, $300,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.24-acre commercial land parcel presents a unique investment opportunity in Monroe, North Carolina. Located at 5912 Secrest Shortcut Rd, zip code 28110, this property offers significant potential for various commercial ventures. The expansive lot provides ample space for development, allowing for flexibility in design and construction. Situated in Union County, this location benefits from convenient access to major roadways, ensuring excellent visibility and accessibility for businesses. The asking price is $300,000, representing a compelling value for a property of this size and location in a growing market. Detailed site surveys and environmental assessments are available upon request. This property is zoned for commercial use (zoning information available upon request). Prospective buyers are encouraged to conduct their own due diligence to confirm suitability for their intended use. The property's coordinates are 35.0713173 latitude and -80.6077783 longitude, allowing for easy location verification and mapping. This is an ideal opportunity for developers, investors, or businesses seeking a strategic location in a thriving area of North Carolina. Don't miss this chance to acquire a valuable piece of commercial real estate in a high-growth market.

    Property Features for 5912 Secrest Shortcut Rd

    General Information

    Property type
    Land
    Lot Size
    54,014 SF

    HighLights

    • $300,000 asking price for 1.24 acres of commercial land.
    • Located at 5912 Secrest Shortcut Rd, Monroe, NC 28110.
    • Union County, North Carolina location.
    • Designated commercial land.
    Property Profile Insight Report 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
    -80.6077783
    Latitude
    35.0713173

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    FAQs

    What type of property is this?
    Land - 1.24 Acres, $300,000
    Where is this land located?
    The property is located at 5912 Secrest Shortcut Rd Monroe, NC.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: $300,000 asking price for 1.24 acres of commercial land.; Located at 5912 Secrest Shortcut Rd, Monroe, NC 28110.; Union County, North Carolina location.
    Request Owner's contact information
    5912 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
    5912 Secrest Shortcut Rd Monroe, NC 28110
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