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    1635 Morgan Mill Rd Monroe, NC 28110
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    Property profile & analytics

    1635 Morgan Mill Rd Monroe, NC 28110


    • Industrial properties
    • 9,600 SF
    • 0.56 lot acres
    Monroe Commercial Space For Rent For Lease
    $755,000

    Monroe Commercial Space For Rent

    Commercial suite available near Downtown Monroe, with easy highway access.

    1635 Morgan Mill Rd, Monroe, NC 28110
    View Listing
    Property ID
    US53-1628721
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Church of the Foundation / Church
    • Empower Outreach Ministry (church) / Church / Mosque
    • Ultimate Path Martial Arts / Training Center / Sports School

    Property Details for 1635 Morgan Mill Rd

    Year built
    2004
    Lot size
    0.56 lot acres
    Property size
    9,600 SF
    Zone code
    G-I MONROE
    Property type
    Industrial properties
    APN
    09-188-114
    APU
    9188114

    Description

    This exceptional 9,600-square-foot industrial/office property, situated on 1.129 acres, presents a unique leasing opportunity. The building, constructed in 2004 and extensively renovated in 2024, boasts a single-story design with multiple tenancies. Currently, 3,884 square feet of flexible space is available for lease. Improvements completed during the recent renovation include a brand-new HVAC system and energy-efficient LED lighting, significantly reducing operating costs. The property is equipped with 3-phase power, catering to a variety of business needs. Access is convenient via a 10-foot roll-up door. Ample parking is provided, featuring paved parking in front and a large gravel lot in the rear. The General Business (GB) zoning allows for diverse commercial uses. Its strategic location near the Monroe Bypass via the Morgan Mill exit and only 0.2 miles from Highway 74 ensures excellent accessibility and visibility. This property is ideal for businesses seeking a well-maintained, modern space with convenient access to major transportation routes. The combination of updated amenities, ample parking, and prime location makes this an exceptional opportunity for growth and success.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,055,000
      6.5%
      $975,000
      7%
      $905,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.5288
    Latitude
    34.9904
    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
    $3,629
    $61,800
    $271,000
    $332,800
    -
    $61,800
    $271,000
    $332,800
    View Listing
    More about this property
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