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Property profile & analytics

9700 Monroe Rd Charlotte, NC 28270-1449

  • Banks
  • 2,557 SF
  • 1.46 lot acres
OFF-MARKET
Last Sale
Mar 06, 2025
Value Estimations
$315,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US53-4936866
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.

Current Use by Public Records

  • Sardis Village / Shopping Mall
  • Hector De Cespedes Ml / Bank

Property Details for 9700 Monroe Rd

Year built
1982
Lot size
1.46 lot acres
Property size
2,557 SF
Zone code
I-1
Property type
Banks
APN
21349106
APU
21349106

Description

This +/- 2,594 square foot former bank building in Mecklenburg County is available for lease or sale. Located on Monroe Road, this single-tenant property boasts exceptional visibility and high traffic counts exceeding 30,579 vehicles per day (VPD). Its strategic location offers close proximity to major retailers such as Walmart, Harris Teeter, and Food Lion, ensuring significant foot traffic and consumer accessibility. The building's history demonstrates consistent year-over-year growth in bank deposits over the past five years, indicating a strong and stable market presence. This translates to a reliable investment opportunity with high potential for return. The property's traditional office layout is adaptable to a variety of uses, making it an attractive option for businesses seeking a well-established location with proven success. The high household income in the surrounding area further strengthens the property's appeal and potential for sustained profitability. This is an exceptional opportunity to acquire a well-positioned commercial property in a thriving retail corridor. Serious inquiries are encouraged to explore this promising investment or lease opportunity. The property is classified as Retail and Office, with a Traditional Office subtype.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $315,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $291,000
    Market price range: $174k - $325k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Charlotte
County
Mecklenburg
State
North Carolina
Longitude
-80.74
Latitude
35.14
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
$13,521
$1,457,300
$386,100
$1,843,400
-
$1,457,300
$386,100
$1,843,400
More about this property
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