Realmo Analytics

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Property profile

1010 Concord Ave Monroe, NC 28110

OFF-MARKET
Other commercial real estate
Property ID
US53-1205138
1,056 SF 0.28 ac lot Built 1927
Last sale Mar 2024 · $240,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of two retail buildings on a single site. The primary building has undergone multiple upgrades, including a roof installed approximately four years prior, updated siding (approximately four years prior), and electrical, plumbing, and HVAC improvements featuring a heat pump heating and cooling system. Interior finishes in the main building include new walls and a new ceiling, and the basement has been converted into usable living space. The second building on the right is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$151k
Assessed land$22k
Assessed improvement$130k
Effective rate1.09%

Value estimate

· Nov 2026
$240k
$216k – $264k
AI approach$240k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$232/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$78 – $381
Qualifying comparables14

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GB MONROE
JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.6
Catering Service8.4
Parking Facility8.3

Location

1010 Concord Ave Monroe, NC 28110-3106
County assessor Recorded deeds · 2 transfers 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Winchestermiller, Monroe, NC 28110 $6,000 Jan 2026 1,248 SF
5007 Hwy 74, Monroe, NC 28110-8456 $1,000,000 Dec 2024 2,800 SF
1505 Morgan Ml, Monroe, NC 28110-3638 $275,000 May 2024 2,020 SF
4118 Hwy 74, Monroe, NC 28110-8447 $775,000 Oct 2022 989 SF
5120 Hwy 74, Monroe, NC 28110-8457 $435,000 Feb 2022 576 SF
2205 Fowler Secrest, Monroe, NC 28110-6944 $1,000,000 Jul 2021 1,637 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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