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Property profile & analytics
OFF-MARKET
Commercial real estate

3898 Highway 74 Monroe, NC 28110

9.82 ac lot
Property ID
US53-2159654
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 9.82 ac (427,759 SF)
UPID US53-2159654
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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