You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $5,420,000
Manufacturing properties

2701 Simpson St Monroe, NC 28112-4120

88,895 SF 30.04 ac lot Built 1950
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US53-1472689
Property summary
AI-generated overview

This exceptional turnkey industrial property, located at 2701 Simpson Street in Monroe, North Carolina, presents a unique investment opportunity. The facility boasts a substantial 87,615 square feet of space, ideally suited for food production and cold storage operations. Built in 1950 and extensively renovated in 2019, the property offers a blend of established infrastructure and modern upgrades. The building features six dock-high doors for efficient loading and unloading, and ceiling heights ranging from 10 to 21 feet, providing ample vertical space for various operational needs. Situated on approximately 30.54 acres, this expansive site includes a valuable on-site wastewater treatment facility, minimizing operational costs and environmental impact. The property's location in Union County, North Carolina, offers convenient access to major transportation routes, enhancing logistical efficiency. The property is identified by APN numbers 09118004 70 & 09118004 60 and is zoned for industrial use. The property's size, features, and strategic location make it an attractive option for businesses seeking a well-maintained, fully functional industrial space. The asking price has been recently reduced, presenting a compelling opportunity for discerning investors. This is a rare chance to acquire a fully operational, high-capacity industrial facility in a desirable location.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1950
Total area 88,895 SF
Lot 30.04 ac (1,308,542 SF)
Zoning code G-I MONROE
APN 09-118-004 70
UPID US53-1472689
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
Current use
Occupant on record · Public records
  • DiscoverFresh Foods (Formerly Duke Foods) Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.42M
Owner & transaction history
Great American Snacks INC · 9 yrs held
Great American Snacks INC
since 2016
5 recorded transactions
2016
$2.0M
2011
Price N/A
2011
Price N/A
2011
Price N/A
1969
Price N/A
Zoning & alternative use
G-I MONROE · Monroe, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source monroe udo
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2701 Simpson St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message