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    Property profile & analytics

    2325 Hanover Dr Monroe, NC 28110-0450

    • Individual retail properties
    • 54,712 SF
    • 10.01 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-1484657
    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.

    Current Use by Public Records

    • WW Studio @ Monroe Aquatics & Fitness Center / Weight Loss Service / Wellness Center
    • Massage at Monroe / Massage Therapist / Massage Spa
    • Carmen Lazenby, LMBT / Massage Therapist
    • Monroe Aquatics and Fitness Center / Gym
    • Monroe Parks & Recreation / Park

    Property Details for 2325 Hanover Dr

    Year built
    1997
    Lot size
    10.01 lot acres
    Property size
    54,712 SF
    Zone code
    GB MONROE
    Property type
    Individual retail properties
    APN
    09-261-016A
    APU
    09261016A

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.5661
    Latitude
    35.0088
    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
    $0.00
    $3,903,900
    $10,375,800
    $14,279,700
    -
    $3,903,900
    $10,375,800
    $14,279,700

    Comparable in this City

    • Value Estimation by Request
      1,008 SF

      1212 Charlotte Ave

      BARBER, HAIR SALON • 1,008 SF
      1212 Charlotte Ave, Monroe, NC 28110-2515
      View Details
    • Value Estimation
      $445,000
      10,400 SF

      Goldmine Rd

      GYM, HEALTH SPA • 10,400 SF
      Goldmine Rd, Monroe, NC 28110
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    • Value Estimation by Request
      1,800 SF

      401 Morgan Ml Rd

      DRY CLEANER • 1,800 SF
      401 Morgan Ml Rd, Monroe, NC 28110-3509
      View Details
    • Value Estimation by Request
      6,324 SF

      Williams Rd

      GYM, HEALTH SPA • 6,324 SF
      Williams Rd, Monroe, NC 28110
      View Details
    • Value Estimation by Request
      495 SF

      Hwy 218

      BARBER, HAIR SALON • 495 SF
      Hwy 218, Monroe, NC 28110
      View Details
    • Value Estimation
      $205,000
      2,138 SF

      1102 Iceman St

      DRY CLEANER • 2,138 SF
      1102 Iceman St, Monroe, NC 28110-2620
      View Details

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    Similar Nearby for Lease

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      Retail Space in Monroe, NC

      Retail property for rent in high-traffic Monroe corridor.
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    Property Visit Statistics

    • Visits by month
      32.7k
    • Visitors by month
      24.4k
    • Avg Time on site
      20 min
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    2325 Hanover Dr
    Monroe, NC 28110-0450
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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