9700 Monroe Rd Charlotte, NC 28270-1449
- Banks
- 2,557 SF
- 1.46 lot acres
Mar 06, 2025
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
-
AI approach
- Method
- Estimation
- ML approach
- $315,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $291,000
Market price range: $174k - $325k
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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