For Sale
$375,000

5205 Highway 74Monroe, NC 28110

1.25 Acres, High Visibility, Monroe, NC

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1.25-acre commercial lot presents a remarkable development opportunity in Monroe, North Carolina. Strategically located on heavily trafficked West Highway 74, boasting over 50,000 vehicles daily, this property offers unparalleled visibility for any commercial venture. The lot features 113 feet of prime highway frontage, ensuring maximum exposure to potential customers. Zoned RBD (Regional Business District), this parcel is ready for immediate development. Conveniently situated, water and sewer are readily available on-site, streamlining the construction process and minimizing upfront costs. The asking price is $375,000, translating to a land value of $6.89 per square foot. This represents a compelling investment opportunity given the high traffic volume and desirable location. Furthermore, there's potential to expand your footprint by acquiring adjacent parcels, allowing for significant future growth and development. This property is ideal for a wide range of commercial uses, making it an attractive proposition for savvy investors and developers seeking a high-impact location in a thriving area. The property address is 5205 W Hwy 74, Monroe, NC 28110, within Union County.

Highlights

  • High-visibility 1.25-acre commercial lot on heavily trafficked Hwy 74 (50,000+ VPD).
  • 113 feet of highway frontage.
  • Water and sewer available on-site.
  • Potential for expansion via adjacent parcel acquisition.

Property Details for 5205 Highway 74

Property type
Land
Lot Size (sq. ft)
54,450 SF

Location Insight

City
Monroe
County
Union
State
North Carolina
Latitude
35.0555389
Longitude
-80.626903
5205 Highway 74, Monroe, North Carolina

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5205 Highway 74
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