2616 Brickyard Rd Monroe, NC 28110
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.