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Property profile & analytics
OFF-MARKET
Banks

9700 Monroe Rd Charlotte, NC 28270-1449

2,557 SF 1.46 ac lot Built 1982
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US53-4936866
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1982
Total area 2,557 SF
Lot 1.46 ac (63,685 SF)
Zoning code I-1
APN 21349106
UPID US53-4936866
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
  • Sardis Village Shopping Center & Mall
  • Hector De Cespedes Ml Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Riptide Monroe Road LLC · 1 yrs held
Riptide Monroe Road LLC
since 2025
3 recorded transactions
2025
Price N/A
2025
Price N/A
2025
$1.8M
Zoning & alternative use
I-1 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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