814 Charlotte AveMonroe, NC 28110

  • Strip malls
  • 4,600 SF

Property Details for 814 Charlotte Ave

Year built
1999
Lot size
0.81 AC
Property size (Sq ft)
4,600 SF
Zone code
GB MONROE
Property type
Strip malls
Property subtype
Neighborhood centers
APN
09-229-088
APU
9229088

Description

This exceptional Monroe, North Carolina commercial property at 814 N Charlotte Ave offers a unique leasing opportunity. The building, constructed in 1999, is classified as a Class B property and totals 4,600 square feet. Currently, 750 square feet of space is available for lease. The property is categorized as both retail and office space, specifically suited for executive office use. The building features a single-tenant occupancy, providing a private and secure environment for your business. Its strategic location in Monroe, NC, zip code 28110, offers convenient access to major transportation routes, ensuring easy commutes for employees and clients. The property's modern amenities create a dynamic and productive workspace. This is an ideal space for businesses seeking a well-maintained, conveniently located, and readily available office space in a thriving community. The available 750 square feet presents a fantastic opportunity to establish or expand your business in a prime Monroe location. This single-tenant building provides a unique opportunity for a business seeking a dedicated and private space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,910,628
    6.5%
    $1,763,656
    7%
    $1,637,681
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,962,989
    Geo Method
    $1,962,989
  • Alternative Use

    Use
    Valuation
    Residential
    $1,487,710
    Hospitality
    $1,362,734
    Educational
    $1,133,779
    Medical
    $1,172,771
    Retail
    $1,763,656

Location Insight

City
Monroe
County
Union
State
North Carolina
Latitude
34.9886
Longitude
-80.5534
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,194
$114,500
$270,100
$384,600
-
$114,500
$270,100
$384,600

FAQs

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