Property profile

2200 Roosevelt Blvd Monroe, NC 28110

OFF-MARKET
Drive through restaurants
Property ID
US53-4815495
1,124 SF Built 1992
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1992
Construction WOOD
Total area 1,124 SF
Zoning code GB MONROE
APN 09-216-073 02
UPID US53-4815495

Cap rate & NOI

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

Location

2200 Roosevelt Blvd Monroe, NC 28110-2762
Monroe metro Census 20401 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2025
2 recorded transactions
2025
$1.3M
2025
Price N/A

Zoning & alternative use

GB MONROE · Monroe, NC

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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