2200 Roosevelt Blvd, Monroe, NC 28110-2762
This exceptional 0.78-acre commercial lot presents a unique build-to-suit opportunity in Monroe, NC. Strategically positioned at the highly visible intersection of West Roosevelt Boulevard and Dickerson Boulevard, this property boasts approximately 175 feet of road frontage on West Roosevelt Boulevard, ensuring maximum exposure to a substantial daily traffic volume. The site's prime location offers unparalleled convenience and accessibility, situated near a cluster of established businesses including Monroe Mall, Food Lion, Solar Shine, Walgreens, NCG Theater, Walmart, and Lowe's. Previously occupied by a Bojangles restaurant, the lot now offers a clean slate for development. The existing infrastructure, including ample parking and the footprint of a former building with two drive-thrus, a walk-up window, and a covered patio, provides a valuable foundation for future construction. This property is ideal for a variety of commercial ventures seeking high visibility and convenient access to a thriving retail corridor. The asking price for this exceptional commercial land is $1,300,000. Don't miss this chance to secure a prominent location in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB MONROE · Monroe, NCMonroe. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.