Property profile

Hanover Dr Monroe, NC 28110

OFF-MARKET
Theaters & concert halls
Property ID
US53-3680342
22,572 SF 1.98 ac lot Built 1991
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1991
Total area 22,572 SF
Lot 1.98 ac (86,249 SF)
Zoning code GB MONROE
APN 09-264-026A
UPID US53-3680342

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hanover Dr Monroe, NC 28110
Monroe metro CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$950k
CAP Approach CAP
by Request
Comparable Approach Comparable
$955k
Blend (final) Blend
$725k

Owner & transaction history

since 2021
Last sale
$750,000
5 recorded transactions
2025
Price N/A
2021
Price N/A
2019
Price N/A
2015
$750,000
1969
Price N/A

Zoning & alternative use

GB MONROE · Monroe, NC
Top alternative use upside
Auto repair, garage $1.2M +45.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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