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    Property profile & analytics

    2515 Fowler Secrest Rd Monroe, NC 28110-6947

    • Assisted living facilities
    • 26,368 SF
    • 7.13 lot acres
    OFF-MARKET
    Value Estimation
    $5,205,000
    Last Sale
    Jul 02, 2024
    $5,296,000
    Location Intelligence
    Property ID
    US53-5813566
    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

    • Woodridge / Assisted Living Facility

    Property Details for 2515 Fowler Secrest Rd

    Year built
    1998
    Construction
    WOOD
    Lot size
    7.13 lot acres
    Property size
    26,368 SF
    Zone code
    R-20 MONROE
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    09-298-079C
    APU
    09298079C

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,535,000
      6.5%
      $4,765,000
      7%
      $4,860,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,515,000
      Geo Method
      $4,915,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,965,000
      Retail
      $4,870,000
      Mixed-Use
      $5,695,000
      Hospitality
      $5,230,000
      Educational
      $4,245,000
      Residential Income
      $5,330,000
      Energy
      $5,605,000
      Income-Based Land
      $5,285,000
      Food Service
      $4,410,000

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.5802
    Latitude
    35.035
    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
    $150,500
    $3,144,200
    $3,294,700
    -
    $150,500
    $3,144,200
    $3,294,700

    Comparable in this City

    • Value Estimation by Request
      13,016 SF

      700 Roosevelt Blvd

      HOMES (RETIRED, NURSING) • 13,016 SF
      700 Roosevelt Blvd, Monroe, NC 28110-3437
      View Details
    • Value Estimation by Request
      8,316 SF

      4123 Hillcrest Church Rd

      HOMES (RETIRED, NURSING) • 8,316 SF
      4123 Hillcrest Church Rd, Monroe, NC 28110-8292
      View Details
    • Value Estimation
      $355,000
      4,800 SF

      392 Monticello Dr

      HOMES (RETIRED, NURSING) • 4,800 SF
      392 Monticello Dr, Monroe, NC 28110-2992
      View Details
    • Value Estimation by Request
      11,324 SF

      530 Patton Ave

      HOMES (RETIRED, NURSING) • 11,324 SF
      530 Patton Ave, Monroe, NC 28110-2462
      View Details
    • Value Estimation by Request
      36,090 SF

      Secrest Short Cut Rd

      HOMES (RETIRED, NURSING) • 36,090 SF
      Secrest Short Cut Rd, Monroe, NC 28110
      View Details
    • Value Estimation
      $325,000
      5,838 SF

      2016 Old Fish Rd

      HOMES (RETIRED, NURSING) • 5,838 SF
      2016 Old Fish Rd, Monroe, NC 28110-9471
      View Details

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    Monroe, NC 28110-6947
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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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