5522 Orr Rd Monroe, NC 28110

Property Details for 5522 Orr Rd

Lot size

17.84 lot acres

Property size

9,000 SF

Property type

Distribution centers

Description

This exceptional 17.84-acre property in Monroe, North Carolina, presents a unique redevelopment opportunity. The site includes a 9,000-square-foot warehouse building, offering immediate income potential or redevelopment flexibility. Approved plans for an industrial park are already in place, providing a clear path for expansion and development. Alternatively, the 9,000 sq ft warehouse can be separated from the larger parcel, encompassing 1.64 acres, allowing for independent development. The property's strategic location behind Sun Valley Commons, coupled with the planned construction of 320 luxury apartments nearby and a new entrance to Wesley Chapel Stouts Road, ensures significant future growth and increased property value. The property consists of one single-story building divided into four units, situated on a large lot, making it ideal for various industrial uses. The sale is offered as a net lease, with the property currently available for sale by owner. This is a prime investment opportunity for developers seeking to capitalize on the burgeoning industrial market in Monroe, NC. The property is zoned for industrial use and offers significant potential for long-term growth and return on investment. The existing warehouse provides immediate cash flow, while the approved industrial park plans offer a clear path to future expansion. The proximity to new residential development further enhances the property's appeal and potential for increased value. This is a rare opportunity to acquire a substantial industrial property with significant upside potential in a rapidly growing area.

Location Insight

City

Monroe

County

Union

State

North Carolina

Longitude

-80.642741

Latitude

35.060001