2703 Rocky River Rd Monroe, NC 28110
- Distribution properties
- 3,600 SF
- 1.57 lot acres
Current Use by Public Records
- Spence Electric Co / Electrician
- SBS Technologies / Computer Repair Service
Property Details for 2703 Rocky River Rd
- Year built
- 1976
- Construction
- WOOD
- Lot size
- 1.57 lot acres
- Property size
- 3,600 SF
- Zone code
- GB MONROE
- Property type
- Distribution properties
- APN
- 09-336-018B
- APU
- 09336018B
Description
This exceptional 1.34-acre parcel at 2703 Rocky River Road in Monroe, NC, presents a compelling investment opportunity. Ideally situated minutes from the Monroe Bypass and just 800 feet from Highway 74, this property boasts unparalleled access to major transportation arteries, ensuring convenient connectivity throughout the region. The site benefits from readily available city water, and sewer connection is obtainable through the City of Monroe upon request. Currently zoned CC-MX1, the land offers significant development potential. The zoning allows for eight units per acre by right, with the possibility of increasing density to ten units per acre subject to meeting specific conditions. This flexibility opens the door to a variety of development scenarios, making it suitable for a range of projects. The City of Monroe expresses a preference for multi-family developments, suggesting a strong potential for this type of project. Given its prime location, convenient access to major roadways, and flexible zoning, this property represents a rare chance to acquire a highly desirable development site in a thriving area. The asking price is $750,000. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Union
- State
- North Carolina
- Longitude
- -80.6015
- Latitude
- 35.0402
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
