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E Roosevelt Blvd Hwy 74 - 507 E Roosevelt Blvd 4.4 Acres of Commercial Land Offered at $1,975,000 in Monroe, NC 28112
INVESTMENT HIGHLIGHTS
- 4.40-acre site zoned General Business across from Atrium Health Union West Hospital.
- City of Monroe water and sewer located near site.
- Excellent visibility on major thoroughfare E. Roosevelt Blvd. (Hwy 74), daily traffic count from CoStar 39,500 +.
PROPERTY FACTS
| Price | $1,975,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.40 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | GB - General Business | ||
| Price | $1,975,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.40 AC |
| Opportunity Zone |
Yes |
| Zoning | GB - General Business |
1 LOT AVAILABLE
Lot
| Price | $1,975,000 | Lot Size | 4.40 AC |
| Price Per AC | $448,863.64 |
| Price | $1,975,000 |
| Price Per AC | $448,863.64 |
| Lot Size | 4.40 AC |
DESCRIPTION
This 4.40-acre commercial parcel located on Hwy 74 / E Roosevelt Blvd in Monroe, North Carolina, offers excellent visibility and accessibility with frontage on E Roosevelt Blvd, Vann St and Lockhart St. With average daily traffic counts of over 39,500 vehicles, this site is ideal for retail development, medical offices, service businesses, or mixed-use projects. The current billboard lease is below prevailing market rates, presenting a value add opportunity for a future owner. The property is strategically positioned near Atrium Health Union West, retail centers, and other high-traffic commercial corridors, making it a strong candidate for investors seeking high-exposure commercial real estate in Monroe, NC. Zoned General Business (GB), the land offers flexibility for a variety of commercial uses and is supported by nearby utilities and infrastructure.
PROPERTY TAXES
| Parcel Number | 09-156-027 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $769,100 |
PROPERTY TAXES
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E Roosevelt Blvd Hwy 74 - 507 E Roosevelt Blvd
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