Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,915,000
Manufacturing properties
3000 Stitt St Monroe, NC 28110-3916
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US53-0681925
Property summary
AI-generated overview
This exceptional 3.67-acre parcel of land, located at 3000 Stitt Street in Monroe, North Carolina (zip code 28110), presents a prime opportunity for industrial development. Designated as Heavy Industrial (APN: 09084037), this property offers significant potential for a variety of uses. The lot is conveniently situated and readily accessible. Utilities are available, including water and sewer connections, simplifying the construction process. The zoning allows for the construction of metal buildings, making it ideal for various industrial applications. This raw land is perfect for a build-to-suit project, allowing for complete customization to meet specific business needs. The asking price for this strategically located and versatile property is $750,000. Don't miss this chance to acquire a substantial piece of industrial real estate in a thriving area of Union County. Contact us today to learn more and schedule a site visit.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1968
Total area
212,988 SF
Lot
23.47 ac (1,022,223 SF)
Zoning code
G-I MONROE
APN
09-084-037
UPID
US53-0681925
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
-
Imet Alloys Industrial Manufacturer Production Facility
-
Achem Technology America Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.92M
Owner & transaction history
Imet Properties LLC · 9 yrs held
Imet Properties LLC
since 2017
3 recorded transactions
Zoning & alternative use
G-I MONROE · Monroe, NC
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$47 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,650
Tax year 2023
Assessed value
$2,767,500
Assessed 2023
Previous assessed
$2,767,500
+0.0% YoY
Effective rate
0.53%
On assessed value
Assessed land
$633,600
Assessed improvement
$2,133,900
Land market value
$633,600
Improvement market value
$2,133,900
Total market value
$2,767,500
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1968
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
212,988 SF
Lot
23.47 ac (1,022,223 SF)
Zoning code
G-I MONROE
APN
09-084-037
UPID
US53-0681925
Jurisdiction
UNION
Zoning & alternative use
G-I MONROE · Monroe, NCZoning G-I MONROE · permitted uses
G-I MONROE · Monroe, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
monroe udo
Building & site characteristics
From public records
Year built
1968
Heating
YES
Cooling
Yes
Stories
1
Lot
23.47 ac
Current owner
From public records · entity-resolved
Imet Properties LLC
Entity
Mailing address
3000 STITT ST STE #1507432, MONROE, NC 28110-3916
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2017
$3,810,000
Imet Properties LLC
Bloom Industrial LLC
Warranty Deed
$2,857,500 · Capital Bank Corporation
Mar 31, 2010
$500,000
Bloom Industrial LLC
Bloomsburg Mills INC
Warranty Deed
$450,000 · Bloomsburg Mills INC
—
—
Bloom Industrial LLC
—
Deed Of Trust
related
$2,000,000 · Cornerbank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 3000 Stitt 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 →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
