Financial
Distress signals
Property profile

2520 W Roosevelt Blvd Monroe, NC 28110

FOR LEASE
Outlet malls
Property ID
US53-5806128
10,440 SF 1.53 ac lot Built 1980
Last sale May 2024 · $1,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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

A flexible commercial property containing approximately 10,400 square feet of interior space, constructed in 1980. The layout includes multiple offices, a breakroom with kitchen, a large warehouse area, and several entrance and exit points. A loading dock is provided for receiving operations. The fenced rear portion supports outdoor storage. The property is located on W Roosevelt Boulevard in Monroe, near the Union County bypass and I-485, within a commercial area with nearby retail and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$1.14M
Assessed land$965k
Assessed improvement$174k

Value estimate

· Sep 2026
$1.60M
$1.44M – $1.76M
AI approach$1.60M
CAP approach$1.97M
Submarket $/SF estimate$1.05M
NOI build-up
Gross scheduled income$104k
Vacancy & credit loss−$6k
Operating expenses−$29k
NOI · 646.42% cap applied$69k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$277/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$90 – $417
Qualifying comparables11

Cap rate analysis

How does the asset earn?
646.42%
$69k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GB MONROE
JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store10.3
Realty agency10.2
Electrical Service9.2

Location

2520 W Roosevelt Blvd Monroe, NC 28110
County assessor Recorded deeds · 6 transfers 11 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

1 recorded sale · 12 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
2901 Hwy 74, Monroe, NC 28110-8435 $2,050,000 Mar 2022 123,296 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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