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Property profile & analytics
FOR SALE
Warehouses

2613-2617 Executive Point Dr Monroe, NC 28110

8,000 SF 0.74 ac lot Built 2000
Entity Owned 3-yr Hold Free & Clear
Property ID
US53-2019980
Property summary
AI-generated overview

This exceptional commercial property, situated at 2617 Executive Point Drive in Monroe, NC, presents a unique investment opportunity. Boasting a prime location directly off Highway 74, this property offers unparalleled visibility and accessibility. The complex comprises three distinct, yet interconnected, rental buildings, each offering significant flexibility. These buildings can be leased individually, catering to diverse tenants, or easily recombined to create a single, expansive space ideal for a larger operation. Each building is thoughtfully designed with multiple separated rooms, providing ample space for various business needs. Modern upgrades include energy-efficient LED lighting throughout, ensuring both cost-effectiveness and a bright, inviting atmosphere. Furthermore, each building features its own independent heating and cooling zones, allowing for customized climate control and maximum tenant comfort. Separate electrical meters for each building provide precise utility cost tracking and allocation. Convenience is maximized with multiple bathrooms in each building, including at least one handicap-accessible bathroom per unit. The property sits on a generous 1.54-acre lot, offering ample parking and potential for future expansion. With its strategic location, versatile layout, and modern amenities, this property represents a compelling investment opportunity for discerning buyers seeking a high-return commercial asset in a thriving market. The asking price is $3,550,000.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2000
Total area 8,000 SF
Lot 0.74 ac (32,234 SF)
Zoning code GB MONROE
APN 09-363-006G
UPID US53-2019980
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
AI Approach AI
by Request
CAP Approach CAP
$1.05M
Comparable Approach Comparable
$608k
Blend (final) Blend
$780k
Owner & transaction history
Scb Holdings LLC · 3 yrs held
Scb Holdings LLC
since 2023
7 recorded transactions
2023
Price N/A
2022
Price N/A
2019
Price N/A
2017
$380,000
2013
$80,000
2012
$275,000
2012
$255,000
Zoning & alternative use
GB MONROE · Monroe, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.3M +73.9%
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