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Property profile & analytics
OFF-MARKET
Land

4110 Monroe Rd Charlotte, NC 28205

0.73 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.73-acre commercial land parcel is ideally situated at 4110 Monroe Road in Charlotte, North Carolina, (zip code 28205). Boasting approximately 196 feet of frontage on Monroe Road, this property offers unparalleled visibility and accessibility. The parcel is zoned ML-2, presenting a multitude of development opportunities. Its strategic location near the intersection of Monroe Road and North Wendover Road places it within a thriving Charlotte neighborhood, benefiting from high daily traffic volumes. Monroe Road sees 25,500 vehicles per day, while North Wendover Road experiences 39,000 vehicles per day, ensuring maximum exposure for any future development. The property's location also provides convenient cross-access from McAlway Road. The parcel number is 15904608. This is a remarkable investment opportunity for developers and investors seeking to capitalize on Charlotte's robust growth. The asking price for this exceptional property is $1,500,000.

Property profile
Verified
Property type Land
Lot 0.73 ac (31,799 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mec-Tric Control Co Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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