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Executive Summary

This property is one of the last remaining larger land listings on Hwy. 74 in Monroe with all utilities already in place at the property. This property would be a perfect redevelopment site for a Continuing Care Retirement Community, heavy commercial mixed used development or a big box retail redevelopment. The property already has 2 deeded entrances on Hwy. 74 and an entrance on the back side of the property on Myers Rd.
The property is served by Monroe water, Monroe sewer, Duke Energy and has Piedmont natural gas
There is a Piedmont natural gas line easement on the property (and has an active line)
There is a billboard lease on the property with Adams Outdoor. It is an added source of yearly income already on the property and comes as part of the sale. As of November 2025, the payment was $4800 per year and it goes up $100 per year unless it is cancelled or renegotiated.
The property has a total of 3 driveway permits- 2 driveway permits on US 74 and one on Myers Rd.
Here is the building information (approximate). I have not personally measured them:
A building- 10,148 sqft metal building - unconditioned and as-is
B building- 20,500 sqft metal building - unconditioned and as-is
C building- 8,724 sqft metal building - unconditioned and as-is
Covered Breezeways- 9,627 sqft (roof with open sides) as-is
Storage Units- 1,500 sqft. as-is

Property Facts

Price $6,950,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Auto Dealership
  • Daycare Center
  • Department Store
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Master Planned Community
  • Medical
  • Movie Theater
  • Neighborhood Center
  • Office Park
  • Outlet Center
  • Planned Unit Development
  • Power Center
  • Research and Development
  • Rehabilitation Center
  • Religious Facility
  • Self Storage
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Supermarket
  • Unknown
Total Lot Size 26.83 AC
Zoning General Business - This is a General Business Zoning in the City Limits of Monroe allowing for a large multitude of Business uses with direct access to Hwy. 74.

1 Lot Available

Lot

Price $6,950,000
Price Per AC $259,038.39
Lot Size 26.83 AC

One of the last larger land listings on Hwy. 74 (26.83 acres) in Monroe with incredible visibility. Ideally situated on the West side of Monroe, close to Indian Trail with easy and quick access to the Rocky River intersection of the Monroe Bypass.

Description

This property is one of the last remaining larger land listings on Hwy. 74 in Monroe with all utilities already in place at the property. This property would be a perfect redevelopment site for a Continuing Care Retirement Community, heavy commercial mixed used development or a big box retail redevelopment. The property already has 2 deeded entrances on Hwy. 74 and an entrance on the back side of the property on Myers Rd.

  • Listing ID: 39833081

  • Date on Market: 3/19/2026

  • Last Updated:

  • Address: 4420 W Highway 74, Monroe, NC 28110

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