325 Sutherland AveMonroe, NC 28110

  • Land
  • 59,466 SF
For Lease

Property Details for 325 Sutherland Ave

Year built
1950
Lot size
3.03 AC
Property size (Sq ft)
59,466 SF
Zone code
G-I MONROE
Property type
Land
Property subtype
Commercial land
APN
09-188-067
APU
9188067

Description

This exceptional 3.026-acre commercial land parcel presents a unique opportunity for development in Monroe, North Carolina. Strategically located at the corner of North Sutherland Avenue and Walkup Avenue, this property offers unparalleled visibility and accessibility. Its convenient location off Highway 74 and proximity to the Monroe Bypass ensures high traffic volume and easy access for customers and employees. The site is zoned GB (General Business), providing flexibility for a wide range of commercial uses. The previous building on the site has been demolished, leaving a clean slate for new construction. This presents a blank canvas for developers seeking to build a new commercial structure tailored to their specific needs. The expansive lot size provides ample space for substantial development, accommodating a variety of building sizes and layouts. The property's location in Monroe, NC, offers access to a thriving local economy and a growing population. This is an exceptional opportunity to acquire a prime commercial land parcel in a desirable location with excellent visibility and accessibility. The 28110 zip code offers a strong commercial base and a growing residential population. This property is ready for immediate development.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $19,232,208
    Hospitality
    $17,616,600
    Educational
    $14,656,804
    Medical
    $15,160,874
    Retail
    $22,799,472
325 Sutherland Ave, Monroe, North Carolina

Location Insight

City
Monroe
County
Union
State
North Carolina
Latitude
34.986
Longitude
-80.5243
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
$4,884
$447,900
-
$447,900
-
$447,900
-
$447,900

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