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Property profile & analytics
OFF-MARKET
Land

5003-5007 Highway 74 Monroe, NC 28110

2.53 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.53-acre commercial land parcel presents a remarkable investment opportunity in the thriving Unionville, North Carolina market. Located at 5003-5007 W Hwy 74, this property boasts significant highway frontage, providing unparalleled visibility and accessibility for any commercial venture. The expansive lot size offers ample space for development, accommodating a wide range of commercial uses, from retail establishments and restaurants to office buildings and light industrial facilities. Situated in Union County, NC, this strategically positioned land benefits from a strong local economy and a growing population, ensuring a robust potential for return on investment. The asking price is $1,200,000, representing a compelling value for this prime commercial real estate in a desirable location. The property's address is clearly visible from the highway, making it an ideal location for businesses seeking high visibility and easy access for customers. With its convenient location and substantial size, this property is poised for immediate development or future expansion. The zip code is 28110. This is a rare opportunity to acquire a significant commercial land parcel in a rapidly developing area. Don't miss out on this chance to secure a prime piece of Unionville real estate.

Property profile
Verified
Property type Land
Lot 2.53 ac (110,207 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
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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