5132 Old Charlotte Hwy Monroe, NC 28110-7342
Property profile & analytics
5132 Old Charlotte Hwy, Monroe, NC 28110-7342
- Grocery and convenience stores
- 49,710 SF
- 14.44 lot acres
Property ID
US53-4910003
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- City National Bank - Presto ATM / Bank / Loan Service
- Publix Pharmacy at Shoppes at Hanfield Village / Pharmacy
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
- Western Union / Bank / Credit Union
- Publix Catering at Shoppes at Hanfield Village / Take-out & Catering / Catering Service
Property Details for 5132 Old Charlotte Hwy
- Year built
- 2017
- Construction
- WOOD FRAME
- Lot size
- 14.44 lot acres
- Zone code
- CZ INDIAN TRAIL
- Property type
- Grocery and convenience stores
- APN
- 07-072-011B
- APU
- 07072011B
Description
Hanfield Village Shopping Center offers exceptional retail space opportunities in the thriving Indian Trail, NC market. This Publix-anchored center boasts a strong tenant mix, including popular restaurants like East Coast Wings, Shoku, and Jet's Pizza, alongside national brands such as Club Pilates and Geico. The center's strategic location is surrounded by residential areas and enjoys high visibility across the street from Sun Valley Middle and High Schools. Multiple spaces are available, ranging from 1,751 to 3,237 contiguous square feet, with a minimum divisible space of 2,096 square feet. The property benefits from a combined 38,000 average daily traffic count (ADT) on Wesley Chapel Stouts and Old Charlotte Highway, ensuring significant foot traffic and visibility for your business. Furthermore, a major infrastructure improvement is underway: the widening of Old Monroe Road from two to four lanes (NCDOT Project U-4714), which will further enhance accessibility and visibility for the center. This project promises increased traffic flow and improved connectivity, making Hanfield Village Shopping Center an even more attractive location for businesses seeking high-traffic exposure and a strong community presence. This is a prime opportunity to establish or expand your retail presence in a rapidly growing area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $7,530,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $10,170,000
- 6.5%
- $9,390,000
- 7%
- $8,720,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $7,618,000
Market price range: $1.68M - $7.62M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $11,545,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Union
- State
- North Carolina
- Longitude
- -80.6426
- Latitude
- 35.048
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$174,035
$8,640,500
$11,289,500
$19,930,000
-
$8,640,500
$11,289,500
$19,930,000
