2701 Simpson StMonroe, NC 28112

  • Industrial properties
  • 88,895 SF
For Sale

Property Details for 2701 Simpson St

Year built
1950
Lot size
30.04 AC
Property size (Sq ft)
88,895 SF
Zone code
G-I MONROE
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
09-118-004 70
APU
911800470

Description

This exceptional turnkey industrial property, located at 2701 Simpson Street in Monroe, North Carolina, presents a unique investment opportunity. The facility boasts a substantial 87,615 square feet of space, ideally suited for food production and cold storage operations. Built in 1950 and extensively renovated in 2019, the property offers a blend of established infrastructure and modern upgrades. The building features six dock-high doors for efficient loading and unloading, and ceiling heights ranging from 10 to 21 feet, providing ample vertical space for various operational needs. Situated on approximately 30.54 acres, this expansive site includes a valuable on-site wastewater treatment facility, minimizing operational costs and environmental impact. The property's location in Union County, North Carolina, offers convenient access to major transportation routes, enhancing logistical efficiency. The property is identified by APN numbers 09118004 70 & 09118004 60 and is zoned for industrial use. The property's size, features, and strategic location make it an attractive option for businesses seeking a well-maintained, fully functional industrial space. The asking price has been recently reduced, presenting a compelling opportunity for discerning investors. This is a rare chance to acquire a fully operational, high-capacity industrial facility in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $28,749,994
    Hospitality
    $26,334,840
    Educational
    $21,910,278
    Medical
    $22,663,806
    Retail
    $34,082,656
2701 Simpson St, Monroe, North Carolina

Location Insight

City
Monroe
County
Union
State
North Carolina
Latitude
34.9826
Longitude
-80.5001
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
$24,351
$1,126,500
$1,106,500
$2,233,000
-
$1,126,500
$1,106,500
$2,233,000

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