For Sale
$4,770,000

0 Highway 74Monroe, NC 28110

Prime Union County commercial land, ideal for development.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional commercial land offering presents a unique investment opportunity in the thriving Union County, North Carolina market. Comprising two parcels totaling 8.278 acres, this property boasts a highly desirable location at the hard corner of Concord Highway and Ridge Road, complete with a traffic signal. The strategic positioning within the Unionville city limits ensures excellent visibility and accessibility. Parcel 1 encompasses 2 acres and is zoned Ra-40 (Union County), while Parcel 2 offers a substantial 6.278 acres zoned B-2 (Union County) and is suitable for subdivision. The property's proximity to US Highway 74 in Monroe, NC (just 2.5 miles away) provides convenient access to major transportation routes. Furthermore, the site benefits from its location directly across the street from a significant development project, "Elevate Rocky River," by Signature Property Group. This project includes 360 multifamily units currently under construction, with future plans for townhomes and retail spaces, promising substantial growth and increased property value in the surrounding area. The asking price for this exceptional commercial land is $4,770,000. This presents a compelling opportunity for developers and investors seeking a prime location with significant development potential in a rapidly expanding market.

Highlights

  • Two parcels totaling 8.278 acres available.
  • Parcel 1: 2 acres, Ra-40 zoning (Union County).
  • Parcel 2: 6.278 acres, B-2 zoning (Union County), subdividable.
  • High-visibility hard corner lot at Concord Hwy & Ridge Rd, Unionville, NC, with traffic signal.
  • 2.5 miles from US Hwy 74 in Monroe, NC.
  • Across from "Elevate Rocky River" development (360+ multifamily units under construction, future townhomes & retail planned).

Property Details for 0 Highway 74

Property type
Land
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Monroe
County
Union
State
North Carolina
Latitude
35.05866
Longitude
-80.6300657
Highway 74, Monroe, North Carolina

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0 Highway 74
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