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    Old Charlotte Hwy & Hayes Rd Monroe, NC 28110

    For Lease
    Contact for pricing

    2.64 Acres, Prime Location, Development Potential

    Lot size:
    114,998 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.64-acre commercial land parcel presents a unique investment opportunity in the thriving Indian Trail, NC market. Comprising two parcels (APN: 09-393-003 | 09-393-004), this property boasts a significant 114,998 square feet of land and a generous 207-foot frontage. Currently zoned residential, the site offers substantial potential for future mixed-use development, aligning with the Town of Indian Trail's comprehensive plan. Investors and developers will appreciate the strategic location at the intersection of Old Charlotte Highway and Hayes Road, providing excellent visibility and accessibility. The single-tenant designation allows for flexibility in development plans, catering to a variety of commercial uses. This is a rare chance to acquire a sizable tract of land in a rapidly growing area, poised for significant appreciation. Detailed zoning information and the Town of Indian Trail's comprehensive plan are readily available for review. Serious inquiries are encouraged to explore the possibilities of this prime commercial land offering. The property's size and location make it an ideal candidate for a wide range of commercial ventures, promising substantial returns on investment. Don't miss this chance to secure a piece of Indian Trail's vibrant future.

    Property Features for 0 Old Charlotte Hwy & Hayes Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    114,998 SF

    Unit(s) available at that property

    Space
    Available
    Size
    114,998 SF

    HighLights

    • 2.64‑acre commercial land parcel in Indian Trail, NC.
    • Single‑tenant property.
    • 114,998 square feet of land.
    • 207‑foot frontage.
    • Currently zoned Residential, with potential for mixed‑use rezoning.
    • APN: 09‑393‑003 | 09‑393‑004, Union County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.6341834
    Latitude
    35.0407197

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    FAQs

    What type of property is this?
    Land - 2.64 Acres, Prime Location, Development Potential
    Where is this land located?
    The property is located at Old Charlotte Hwy & Hayes Rd Monroe, NC.
    What are key features of this property?
    This property features: 2.64-acre commercial land parcel in Indian Trail, NC.; Single-tenant property.; 114,998 square feet of land.
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    Old Charlotte Hwy & Hayes Rd 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
    Old Charlotte Hwy & Hayes Rd Monroe, NC 28110
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