Property profile

3825 Morgan Ml Rd Monroe, NC 28110

OFF-MARKET
Grocery and convenience stores
Property ID
US53-3555968
4,642 SF 0.84 ac lot Built 1944
Entity Owned 15-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1944
Total area 4,642 SF
Lot 0.84 ac (36,590 SF)
Zoning code B-4 UNIONVILLE
APN 09-134-001H
UPID US53-3555968

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Grocery & Convenience Store

Location

3825 Morgan Ml Rd Monroe, NC 28110-7516
Monroe metro Census 20206 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$818k
Blend (final) Blend
$260k

Owner & transaction history

since 2010
3 recorded transactions
2022
Price N/A
2022
Price N/A
2010
$515,000

Zoning & alternative use

B-4 UNIONVILLE · Monroe, NC
Top alternative use upside
Commercial (general) $1.1M +53.1%
Office building $845,000 +20.3%
Auto repair, garage $735,000 +4.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 3825 Morgan Ml Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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