3898 Highway 74 Monroe, NC 28110
This exceptional 9.82-acre parcel presents a compelling commercial land development or investment opportunity in Monroe, North Carolina. Strategically located on Highway 74, between Indian Trail and Monroe, the property enjoys over 600 feet of road frontage, ensuring high visibility and accessibility. Daily vehicle counts exceed 36,000, providing significant exposure to potential customers. The land is already rough-graded, simplifying development plans and saving on initial site preparation costs. Its advantageous topography further enhances its development potential. The property's commercial zoning allows for a wide range of uses, making it suitable for various commercial ventures. The location directly fronts Pulte Homes' new Founders Point development, offering a built-in customer base and synergistic potential. This prime location, combined with its size, zoning, and high traffic volume, makes this property an exceptional investment opportunity for developers and investors seeking a high-return venture in a rapidly growing area. The property's address is 3898 W Hwy 74, Monroe, NC 28110, situated in Union County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.