1007 Roosevelt BlvdMonroe, NC 28110

Property Details for 1007 Roosevelt Blvd

Year built

1970

Lot size

0.54 AC

Property size (Sq ft)

2,820 SF

Zone code

GB MONROE

Property type

Turn key restaurants

APN

09-189-212

APU

9189212

Description

This exceptional executive office suite, totaling 1,100 square feet, is situated within a larger 4,069 square foot building at 423 Rogers Avenue, Fort Smith, Sebastian County. The space is currently vacant and ready for immediate occupancy. Its convenient location places it within close proximity to both county and federal courthouses, making it particularly well-suited for legal professionals or businesses requiring easy access to the judicial system. The building itself offers a multi-tenant environment, providing a professional and collaborative atmosphere. The address is a highly visible corner location at the intersection of South 5th and Rogers Avenue, ensuring excellent visibility and accessibility for clients and employees. The suite's 1,100 square feet provides ample space for a variety of office configurations, allowing for customization to meet specific business needs. This is a rare opportunity to secure prime office space in a highly desirable location with immediate availability. The property is classified as an Executive Office and Professional Office space, reflecting its high-quality construction and finishes. Serious inquiries are encouraged to explore this exceptional opportunity. The total building size is 4,069 square feet, indicating a well-established and maintained commercial property. This location offers a blend of convenience, visibility, and professional ambiance, making it an attractive option for discerning businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,171,298

  6.5%

  $1,081,198

  7%

  $1,003,969

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,203,398

  Geo Method

  $1,203,398

• Alternative Use

  Use

  Valuation

  Residential

  $912,031

  Hospitality

  $835,415

  Educational

  $695,056

  Medical

  $718,960

  Retail

  $1,081,198

Location Insight

City

Monroe

County

Union

State

North Carolina

Latitude

34.9922

Longitude

-80.538

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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