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    Monroe Nc Monroe, NC 28110

    Sponsored
    For Sale
    $3,730,000

    Prime Monroe, NC commercial land, fully entitled.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land parcel, located at 0 W Hwy 74 in Monroe, North Carolina (zip code 28110), presents a unique development opportunity. Situated in Union County, this property boasts excellent visibility and accessibility due to its prime Highway 74 frontage. The lot size ranges from 3.73 to 7.46 acres, offering flexibility for various development projects. The asking price is $3,730,000, translating to $500,000 per acre. This fully entitled land is approved for mixed-use development up to 74,000 square feet. All necessary studies, inspections, drawings, and approvals are complete, streamlining the development process and minimizing potential delays. The property benefits from readily available utilities, including sewer, on-site. The APN numbers are 09298068 and 09298068. This is a turnkey opportunity for developers seeking a strategically located, fully prepared site for immediate development in a thriving North Carolina market. Detailed plans and reports are available upon request. Latitude and longitude coordinates are 35.0583104 and -80.6295884 respectively.

    Property Features for 0 Monroe Nc

    General Information

    Property type
    Land
    Lot Size
    162,479 SF

    HighLights

    • Fully entitled mixed‑use development land, up to 74,000 square feet.
    • Development‑ready; all studies, inspections, and approvals complete.
    • Prime Highway 74 frontage.
    • Utilities available on‑site, including sewer.
    • $500,000 per acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.6295884
    Latitude
    35.0583104

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    FAQs

    What type of property is this?
    Land - Prime Monroe, NC commercial land, fully entitled.
    Where is this land located?
    The property is located at Monroe Nc Monroe, NC.
    What is the asking price?
    The asking price for this property is $3,730,000.
    What are key features of this property?
    This property features: Fully entitled mixed-use development land, up to 74,000 square feet.; Development-ready; all studies, inspections, and approvals complete.; Prime Highway 74 frontage.
    Request Owner's contact information
    Monroe Nc 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
    Monroe Nc Monroe, NC 28110
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