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Property profile

3748 Monroe Rd Charlotte, NC 28205

OFF-MARKET
Retail space
Property ID
US53-5073904
3,679 SF 0.21 ac lot Built 1940
Last sale Sep 2024 · $1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 3,679 square foot medical office building, located at 3748 Monroe Road in Charlotte, North Carolina, presents a unique opportunity for a single tenant. Built in 1940, the property sits on a parcel identified by APN 159-049-05 in Mecklenburg County and is zoned ML-2. The entire building is currently vacant and ready for immediate occupancy. Its strategic location along Monroe Road offers excellent visibility and accessibility within a dynamic area experiencing significant growth,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$435k
Assessed land$285k
Assessed improvement$149k
Effective rate0.73%

Value estimate

· Oct 2026
$1.15M
$1.04M – $1.27M
AI approach$1.15M
CAP approach$950k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$272/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$145 – $383
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-2
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.7
Auto Parts Store12.8
Electrical Service12.7

Location

3748 Monroe Rd Charlotte, NC 28205-7736
County assessor Recorded deeds · 8 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2306 Central, Charlotte, NC 28205-5208 $4,000,000 May 2025 5,730 SF
2212 The, Charlotte, NC 28205-3036 $1,250,000 May 2024 2,280 SF
3630 Davidson, Charlotte, NC 28205-1492 $1,070,000 Feb 2023 2,781 SF
3200 Independence, Charlotte, NC 28205-7016 $1,375,000 Feb 2023 2,760 SF
3108 Independence, Charlotte, NC 28205-7014 $280,000 Feb 2023 5,250 SF
4856 Albemarle, Charlotte, NC 28205-6616 $400,000 Jan 2023 3,860 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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