11135 Monroe RdMatthews, NC 28105

Property Details for 11135 Monroe Rd

Year built

1983

Lot size

1.48 AC

Property size (Sq ft)

38,753 SF

Zone code

I-1

Property type

Industrial properties

Property subtype

Other warehouses

APN

19321213

APU

19321213

Description

This exceptional investment opportunity presents two vacant industrial warehouse buildings totaling 104,291 square feet, situated on a 2.97-acre lot in Matthews, North Carolina. The property, located at 11129 & 11135 Monroe Road, is zoned I-1 and offers significant potential for owner-occupancy or redevelopment. Building 1, at 11129 Monroe Road, encompasses 49,498 square feet, featuring a 20-foot ceiling height, six dock-high doors, and three drive-in doors. Constructed in 1983, this steel-frame and brick building includes wet sprinklers and gas heating. Building 2, at 11135 Monroe Road, offers 54,793 square feet, with 27,489 square feet on the first floor and 27,304 square feet in the basement. The first floor boasts an 18-foot ceiling height, while the basement has a 14-foot ceiling height. This building also features three dock-high doors and one drive-in door, along with wet sprinklers and gas heating. Both buildings share the same construction materials and year of construction (1983). The asking price for this entire portfolio is $11,500,000. This property presents a rare opportunity to acquire a substantial industrial asset in a desirable location. The property's size, features, and zoning provide flexibility for a variety of uses.

• Alternative Use

  Use

  Valuation

  Residential

  $12,478,459

  Hospitality

  $11,430,201

  Educational

  $9,509,793

  Medical

  $9,836,849

  Retail

  $14,793,011

Location Insight

City

Matthews

County

Mecklenburg

State

North Carolina

Latitude

35.1237

Longitude

-80.7274

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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