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Property profile & analytics

11135 Monroe Rd Matthews, NC 28105-6564

  • Warehouses
  • 38,753 SF
  • 1.48 lot acres
OFF-MARKET
Last Sale
Aug 27, 2024
$8,000,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US53-0522506
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Stronghaven Containers Co / Packaging Company / Packaging Supply Store

Property Details for 11135 Monroe Rd

Year built
1983
Lot size
1.48 lot acres
Property size
38,753 SF
Zone code
I-1
Property type
Warehouses
APN
19321213
APU
19321213

Description

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.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Matthews
County
Mecklenburg
State
North Carolina
Longitude
-80.7274
Latitude
35.1237
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,629
$738,500
$1,104,200
$1,842,700
-
$738,500
$1,104,200
$1,842,700
More about this property
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