Property profile

1602 Roosevelt Blvd Monroe, NC 28112

OFF-MARKET
Investment properties
Property ID
US53-1944047
15,990 SF 2.13 ac lot Built 2006
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2006
Total area 15,990 SF
Lot 2.13 ac (92,783 SF)
Zoning code CD MONROE
APN 09-156-005A
UPID US53-1944047

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service
  • Restaurant

Location

1602 Roosevelt Blvd Monroe, NC 28112-4017
Monroe metro Census 20601 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.08M
Blend (final) Blend
$2.11M

Owner & transaction history

since 2013
3 recorded transactions
2013
Price N/A
2005
Price N/A
1969
Price N/A

Zoning & alternative use

CD MONROE · Monroe, NC
Top alternative use upside
Industrial (general) $3.4M +160.6%
Auto repair, garage $2.5M +96.1%
Neighborhood: shopping center $2.4M +87.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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