For Lease
Property summary
This exceptional 55.96-acre site in Monroe, North Carolina, presents a compelling opportunity for industrial development. Zoned General Industrial (GI), this property offers significant potential for manufacturing, distribution, or data center projects. With the capacity to accommodate approximately 681,500 square feet of building space, the site boasts ample trailer and employee parking. The property features a 190-foot-deep truck court, ensuring efficient logistics. Utilities are readily available, including approximately 12 megawatts of power, an 8-inch water line, and a 6-inch sanitary line. Its strategic location provides easy access to major transportation arteries, situated just 1.7 miles from Highway 74 Bypass and 13.5 miles from I-485. Benefit from a strong local workforce of approximately 801,957 individuals within a 25-mile radius. Furthermore, state and local incentives are available for qualifying projects within Union County, making this a highly attractive investment opportunity. The property's size and infrastructure make it ideal for large-scale industrial operations. This is a rare opportunity to acquire a substantial industrial land parcel in a thriving location.
Property profile
VerifiedCap rate & NOI
Current use
-
Warehouse & Storage
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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