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Property profile & analytics
OFF-MARKET
Office buildings

508 Sutherland Ave Monroe, NC 28112-5061

1,196 SF 0.23 ac lot Built 1960
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US53-0836188
Property summary
AI-generated overview

This 1,196 square foot office space, located at 508 S Sutherland Ave in Monroe, North Carolina (zip code 28112), is perfect for a single tenant seeking a versatile workspace. The property is zoned O/M, suitable for both standard and medical office uses (zoning verification with Monroe city is recommended). Previously occupied by Edward Jones, the layout includes a waiting/reception area, three private offices, a break room, and a restroom. A private employee entrance adds to the convenience and security. The building's total square footage is 1,196 square feet, with all of it currently vacant and available for lease. This exceptional location offers high visibility and accessibility, situated directly across from Atrium Health Monroe Hospital in Union County. The property's features make it an ideal space for a variety of businesses, offering a blend of functionality and convenience in a desirable location. The property type is classified as Office, with subtypes including Medical Office, Traditional Office, and Creative Office.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1960
Construction WOOD
Total area 1,196 SF
Lot 0.23 ac (10,193 SF)
Zoning code OT MONROE
APN 09-194-132
UPID US53-0836188
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
Current use
Occupant on record · Public records
  • Edward Jones - Financial Advisor: Ricky W Jackson Jr Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Crown Data Solutions LLC · 4 yrs held
Crown Data Solutions LLC
since 2022
Last sale
$242,500
2 recorded transactions
2022
$242,500
2000
Price N/A
Zoning & alternative use
OT MONROE · Monroe, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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