Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Warehouses

    11135 Monroe Rd, Matthews, NC 28105-6564

    38,753 SF 1.48 ac lot Built 1983
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US53-0522506
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1983
    Total area 38,753 SF
    Lot 1.48 ac (64,599 SF)
    Zoning code I-1
    APN 19321213
    UPID US53-0522506
    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
    Current use
    Occupant on record · Public records
    • Stronghaven Containers Co Industrial Manufacturer Factory
    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
    Monroe Rd Holdings LLC · 1 yrs held
    Monroe Rd Holdings LLC
    since 2024
    Last sale
    $8.0M
    7 recorded transactions
    2024
    $8.0M
    2024
    2014
    2014
    2003
    1996
    $1.1M
    1969
    Zoning & alternative use
    I-1 · Matthews, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 11135 Monroe Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message