2701 Simpson StMonroe, NC 28112
- Industrial properties
- 88,895 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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