1506 Morgan Mill Rd Monroe, NC 28110
This exceptional 1.21-acre commercial lot presents a unique opportunity in Monroe, North Carolina. Ideally situated just off Highway 74, this property offers convenient access to the Monroe Bypass, ensuring high visibility and easy accessibility for businesses. The lot is zoned GB - General Business, providing flexibility for a wide range of commercial developments. The previous building has been demolished, leaving a clean slate for new construction. The parcel number is 9188093. This single-tenant site is perfect for build-to-suit (BTS) projects or ground lease opportunities. Its location near the Monroe Bypass provides excellent connectivity to the surrounding area, making it an attractive option for businesses seeking high traffic exposure. The property's 1.21-acre size offers ample space for development, allowing for substantial building footprints and ample parking. This is a rare chance to acquire a well-located commercial lot in a thriving area of Monroe, ready for immediate development. The General Business zoning allows for a variety of uses, making it a versatile investment opportunity. Serious inquiries are encouraged to explore the potential of this prime commercial land. The property is located at 1506 Morgan Mill Rd, Monroe, NC 28110.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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