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Financial
Distress signals
Property profile

5610 Morgan Mill Rd Monroe, NC 28110

FOR SALE
Other warehouses
Property ID
US53-2874306
3,624 SF 0.84 ac lot Built 1947
Last sale May 2023 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a flex/industrial-style setup in Union County, North Carolina, consisting of three parcels totaling just over four acres. It includes a main warehouse/office building of approximately 4,400 square feet with a combination of bay doors and/or loading docks, along with interior shelving and storage. A separate metal building of about 2,400 square feet provides additional enclosed work or storage space. There is also a 400+ square foot on-site house that can function as additional…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$540
Tax billed · 2023
Assessed value$83k
Assessed land$31k
Assessed improvement$53k
Effective rate0.65%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$250k
NOI build-up
Gross scheduled income$83k
Vacancy & credit loss−$5k
Operating expenses−$27k
NOI · 6.37% cap applied$51k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
ZIP average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$52 – $138
Qualifying comparables7

Cap rate analysis

How does the asset earn?
6.37%
$51k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-4 UNION COUNTY
JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.1
Building Supply11.7
Auto Repair Shop11.1

Location

5610 Morgan Mill Rd Monroe, NC 28110
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4820 Frk, Monroe, NC 28110-0437 $845,000 Feb 2026 3,928 SF
4820 Starcrest, Monroe, NC 28110-8496 $875,000 Jan 2026 3,000 SF
1403 Rocky Riv, Monroe, NC 28110-7957 $625,000 Dec 2025 3,600 SF
1510 Helms, Monroe, NC 28110-2428 $350,000 May 2025 4,680 SF
1301 Few, Monroe, NC 28110-3394 $350,000 Oct 2024 2,893 SF
Old Charlotte, Monroe, NC 28110 $75,000 Sep 2024 2,856 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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