Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Monroe Way & Windmere Dr
- Lot size
- 3.03 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
This exceptional 3.027-acre outparcel presents a remarkable investment opportunity in Monroe, North Carolina. Boasting a highly desirable location at the intersection of Monroe Way and Windmere Drive, this property offers unparalleled visibility and accessibility with signalized access from Highway 74. Situated directly in front of Novant Health Presbyterian Medical Center and across from the established Poplin Place shopping center (anchored by Target), this site benefits from significant existing traffic and a thriving retail environment. The surrounding area is experiencing rapid growth, with new retail developments further enhancing the property's value and potential. Union County, where this property is located, is recognized as one of the fastest-growing counties in North Carolina and ranks among the top 10 developing counties nationwide. This presents a unique chance to capitalize on a booming market. The property is zoned for retail, office, and land use, allowing for a variety of development options. The asking price is $3,144,000. The site is part of an upscale mixed-use village encompassing 54,292 square feet of retail shops designed for specialty shops, restaurants, and other professional/commercial uses. A 100,000 square foot medical office building anchored by Presbyterian Hospital further solidifies the area's strong medical presence. This prime location, coupled with the area's robust growth trajectory and existing infrastructure, makes this outparcel an exceptional investment opportunity with significant long-term potential. APN: 09298358.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Union
- State
- North Carolina
- Longitude
- -80.5783
- Latitude
- 35.0217
