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    2616 Brickyard Rd Monroe, NC 28110

    For Sale
    $1,375,000

    Prime 8.35-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 8.35-acre commercial land parcel presents a remarkable investment opportunity in Monroe, North Carolina. Strategically located on the corner of Highway 74 and Brick Yard Road, this property boasts high visibility and accessibility, with an impressive 16,000 annual average daily travelers. Zoned HC (Highway Commercial), the site allows for a diverse range of development options, including retail, hotel, medical facilities, or office spaces. The property offers approximately 6.82 acres net of right-of-way. Utilities are readily available, including electricity, county water, gas, and cable/fiber-optic service. While county sewer is situated across US 74, extension is feasible with necessary county approvals. The Union County Parcel ID is 09363015. This prime location and flexible zoning make this an exceptional opportunity for investors seeking high-impact commercial development in a thriving area. The asking price is $1,375,000. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing market.

    Property Features for 2616 Brickyard Rd

    General Information

    Property type
    Land
    Lot Size
    363,726 SF

    HighLights

    • 8.35‑acre site (6.82 acres net usable);
    • HC (Highway Commercial) zoning allows retail, hotel, medical, and office uses;
    • Utilities including electricity, county water, gas, and fiber optics available;
    • County sewer access across US 74, extension feasible;
    • High‑traffic corner lot with 16,000 AADT;
    • Union County Parcel ID #09363015
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Dental Office Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.6289034
    Latitude
    35.0377252

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    FAQs

    What type of property is this?
    Land - Prime 8.35-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 2616 Brickyard Rd Monroe, NC.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: 8.35-acre site (6.82 acres net usable);; HC (Highway Commercial) zoning allows retail, hotel, medical, and office uses;; Utilities including electricity, county water, gas, and fiber optics available;
    Request Owner's contact information
    2616 Brickyard 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
    2616 Brickyard Rd Monroe, NC 28110
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