Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Monroe Way & Winston Ave
- Lot size
- 1.04 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
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.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Union
- State
- North Carolina
- Longitude
- -80.5794
- Latitude
- 35.0234
