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    FOR SALE
    Outlet malls

    1016 Monroe St, Carthage, NC 28327

    0.5 ac lot Built 2006
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US53-5192265
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 2006
    Lot 0.5 ac (21,780 SF)
    Zoning code TBD
    APN 990633
    UPID US53-5192265
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Carthage LLC · 1 yrs held
    Carthage LLC
    since 2025
    2 recorded transactions
    2025
    $799,000
    2023
    Zoning & alternative use
    TBD · Carthage, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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