0 Monroe Nc Monroe, NC 28110
This exceptional commercial land parcel, located at 0 W Hwy 74 in Monroe, North Carolina (zip code 28110), presents a unique development opportunity. Situated in Union County, this property boasts excellent visibility and accessibility due to its prime Highway 74 frontage. The lot size ranges from 3.73 to 7.46 acres, offering flexibility for various development projects. The asking price is $3,730,000, translating to $500,000 per acre. This fully entitled land is approved for mixed-use development up to 74,000 square feet. All necessary studies, inspections, drawings, and approvals are complete, streamlining the development process and minimizing potential delays. The property benefits from readily available utilities, including sewer, on-site. The APN numbers are 09298068 and 09298068. This is a turnkey opportunity for developers seeking a strategically located, fully prepared site for immediate development in a thriving North Carolina market. Detailed plans and reports are available upon request. Latitude and longitude coordinates are 35.0583104 and -80.6295884 respectively.
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.