5003-5007 Highway 74 Monroe, NC 28110
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.
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
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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.