0 Monroe Way & Winston Ave Monroe, NC 28110
This exceptional 1.04-acre outparcel presents a remarkable investment opportunity in Monroe, North Carolina. Boasting a highly desirable location at the intersection of Monroe Way and Winston Avenue, 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, the site benefits from significant traffic flow and a thriving commercial environment. The surrounding area is experiencing robust growth, with new retail developments adding to the already strong retail presence. Union County's rapid population expansion, ranking among the top 10 fastest-growing counties in the United States, ensures a consistent influx of potential customers and a strong return on investment. The property is zoned for a variety of uses, including retail, multifamily, and office, making it suitable for a wide range of development projects. The asking price is $1,100,000. The property's location within an upscale mixed-use village featuring 54,292 square feet of retail shops and a 100,000 square foot medical office building anchored by Presbyterian Hospital further enhances its appeal. This is an exceptional opportunity to capitalize on the growth and potential of this dynamic area. The property's APN is 09298360. The zip code is 28110.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.