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Property profile & analytics
OFF-MARKET
Commercial real estate

2616 Brickyard Rd Monroe, NC 28110

8.35 ac lot
Property ID
US53-1802840
Property summary
AI-generated overview

This exceptional 8.35-acre commercial land parcel presents a remarkable investment opportunity in Monroe, North Carolina. Strategically located on the corner of Highway 74 and Brick Yard Road, this property boasts high visibility and accessibility, with an impressive 16,000 annual average daily travelers. Zoned HC (Highway Commercial), the site allows for a diverse range of development options, including retail, hotel, medical facilities, or office spaces. The property offers approximately 6.82 acres net of right-of-way. Utilities are readily available, including electricity, county water, gas, and cable/fiber-optic service. While county sewer is situated across US 74, extension is feasible with necessary county approvals. The Union County Parcel ID is 09363015. This prime location and flexible zoning make this an exceptional opportunity for investors seeking high-impact commercial development in a thriving area. The asking price is $1,375,000. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing market.

Property profile
Verified
Property type Commercial real estate
Lot 8.35 ac (363,726 SF)
APN 09363015
UPID US53-1802840
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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