1016 Monroe St, Carthage, NC 28327
For Sale
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This exceptional commercial property, located at 1016 Monroe Street in Carthage, North Carolina, presents a compelling investment opportunity. The building encompasses a substantial 3,000 square feet of space, offering ample room for a variety of commercial uses. The property sits on a half-acre lot (0.5 acres), providing generous outdoor space, potentially suitable for parking, expansion, or landscaping. The building's interior layout is adaptable and can be configured to meet the specific needs of a diverse range of businesses. Its strategic location in Carthage offers excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and established businesses alike. The asking price of $799,000 reflects the property's significant potential and strong location within the Carthage commercial market. This is a rare opportunity to acquire a substantial commercial property in a desirable location, offering both immediate usability and long-term growth potential. Serious inquiries are encouraged to explore the possibilities this property presents. Further details regarding the building's specifications and zoning are available upon request. Don't miss this chance to secure a valuable asset in the thriving Carthage business community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
TBD · Carthage, NCCarthage. Always verify with local authorities before improvements.
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.