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    6114 Secrest Shortcut Rd Monroe, NC 28110

    Sponsored
    For Sale
    $1,060,000

    5.3 Acres, $1.06M Asking Price

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.3-acre commercial land parcel presents a unique investment opportunity in Monroe, North Carolina. Located at 6114 Secrest Shortcut Rd, zip code 28110, this property boasts a highly desirable location within Union County. The expansive lot offers significant potential for a variety of commercial developments, catering to businesses seeking a prominent presence in a growing area. Its convenient access to major roadways ensures excellent visibility and accessibility for customers and employees. The asking price for this prime commercial land is $1,060,000. Detailed site surveys and environmental reports are available upon request. This property is being offered as-is, where-is. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the land for their intended use. Given its size and strategic location, this property represents a compelling investment opportunity with substantial long-term growth potential. Don't miss the chance to acquire this exceptional commercial land parcel in a thriving North Carolina market. The latitude and longitude coordinates are 35.0747409 and -80.6106298 respectively. Serious inquiries only.

    Property Features for 6114 Secrest Shortcut Rd

    General Information

    Property type
    Land
    Lot Size
    230,868 SF

    HighLights

    • $1,060,000 asking price.
    • 5.3‑acre commercial land parcel.
    • Located at 6114 Secrest Shortcut Rd, Monroe, NC 28110.
    • Union County, North Carolina location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Auto Repair Shop Clothing Store Department Store Food Market Accounting Firm HVAC Service 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
    -80.6106298
    Latitude
    35.0747409

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    FAQs

    What type of property is this?
    Land - 5.3 Acres, $1.06M Asking Price
    Where is this land located?
    The property is located at 6114 Secrest Shortcut Rd Monroe, NC.
    What is the asking price?
    The asking price for this property is $1,060,000.
    What are key features of this property?
    This property features: $1,060,000 asking price.; 5.3-acre commercial land parcel.; Located at 6114 Secrest Shortcut Rd, Monroe, NC 28110.
    Request Owner's contact information
    6114 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
    6114 Secrest Shortcut Rd Monroe, NC 28110
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