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Property profile & analytics
OFF-MARKET Estimated value $510,000
Strip malls

814 Charlotte Ave Monroe, NC 28110-2529

4,600 SF 0.81 ac lot Built 1999
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US53-1839119
Property summary
AI-generated overview

This exceptional Monroe, North Carolina commercial property at 814 N Charlotte Ave offers a unique leasing opportunity. The building, constructed in 1999, is classified as a Class B property and totals 4,600 square feet. Currently, 750 square feet of space is available for lease. The property is categorized as both retail and office space, specifically suited for executive office use. The building features a single-tenant occupancy, providing a private and secure environment for your business. Its strategic location in Monroe, NC, zip code 28110, offers convenient access to major transportation routes, ensuring easy commutes for employees and clients. The property's modern amenities create a dynamic and productive workspace. This is an ideal space for businesses seeking a well-maintained, conveniently located, and readily available office space in a thriving community. The available 750 square feet presents a fantastic opportunity to establish or expand your business in a prime Monroe location. This single-tenant building provides a unique opportunity for a business seeking a dedicated and private space.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Total area 4,600 SF
Lot 0.81 ac (35,196 SF)
Zoning code GB MONROE
APN 09-229-088
UPID US53-1839119
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
  • Domino's Pizza Take-out & Catering
  • Access Vocational Services Business Service Center Employment Agency
  • Smoker's Depot (Bike/Boat/Book/etc) Store
  • Allegiance Staffing Employment Agency
  • Monroe Simply Prepaid Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$544k
Blend (final) Blend
$510k
Owner & transaction history
Rahi LLC · 7 yrs held
Rahi LLC
since 2018
3 recorded transactions
2018
$560,000
2017
Price N/A
2013
Price N/A
Zoning & alternative use
GB MONROE · Monroe, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $840,000 +20.3%
Auto repair, garage $730,000 +4.5%
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