Technical
Financial
Distress signals
Property profile

412 Franklin St Monroe, NC 28112

OFF-MARKET
High-rise multifamily apartments
Property ID
US53-1259369
2,998 SF 0.32 ac lot Built 1945
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Year built 1945
Construction WOOD
Total area 2,998 SF
Lot 0.32 ac (13,896 SF)
Zoning code OT MONROE
APN 09-231-049
UPID US53-1259369

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
  • Physician
  • Plumbing Service General Contractor
  • Medical Clinic
  • Pediatrician Physician

Location

412 Franklin St Monroe, NC 28112-5600
Monroe metro Census 20602 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

OT MONROE · Monroe, NC

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
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