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5201 W Highway 74 Highway, Monroe, NC 28110
$1,190,000
5201 W Highway 74 Highway, Monroe, NC 28110View this property at 5201 W Highway 74 Highway, Monroe, NC 28110
5201 W Highway 74 HighwayMonroeNC28110
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Property Description
4 existing structures (6,269sf total) on 2.5 acres Zoned Regional Business District Frontage on Highway 74 with 55,500 vehicles per day. Great retrofit to Office, Retail, or any other of the RBD allowable uses. Located on side of Union County without water capacity limits so expansion is possible. Seller will entertain all offers including 1031 Tax Exchange transactions and Owner Financing can be considered. Fantastic Investment with al the future upside.
Full Property Details
Full Property Details for 5201 W Hwy 74 Hwy
General
- Price: $1,190,000
- Status: Active
- Type: Commercial
- MLS ID: 4102513
- Updated: 2/18/2024
- Added to Site: 97 day(s) ago
Parking
- Parking Features: Driveway, Parking Lot, Parking Space(s)
Location
- County: Union
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected
Structural Information
- # Buildings: 4
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Brick Full, Brick Partial
- Roof: Shingle
- Minimum Avail: 6,269 Sq. Ft.
- Year Built: 1975
Lot Features
- Lot Dimensions: 220*400
- Street/Road Desc.: Concrete, Paved
- Rcmdd Zoning: RBD
- Fencing (Description): Fenced, Partial
Financial Considerations
- Terms: Cash, Construction Perm Loan, Conventional, Exchange, Owner Financing
Disclosures and Reports
- Restrictions: Other - See Remarks
- Inclusions: Building, Land
- Property ID: 07-069-030
- Lot Number: 8711-490
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Schools
Schools serving 5201 W Hwy 74 Hwy
School District:Union County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
Shiloh Valley Primary School
5200 Rogers Rd, Monroe, NC 28110 | K-2 | 1.6 mi | |
5210 Rogers Rd, Monroe, NC 28110 | 3-5 | 1.8 mi | |
1409 Wesley Chapel Rd, Indian Trail, NC 28079 | 6-8 | 1.6 mi | |
5211 Old Charlotte Hwy, Monroe, NC 28110 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5201 W Hwy 74 Hwy
Date
Details
Price
Change
Source
1/22/2024
Listed
$1,190,000
63.13%
MLS
5/12/2023
Sold
$729,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5201 W Hwy 74 Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,969
2%
$836,800
—
2022
$6,819
31%
$836,800
—
2021
$5,201
—
$836,800
28%
2021
$5,201
-17%
$654,700
—
2019
$6,290
—
$654,700
—
2018
$6,290
-5%
$654,700
—
2017
$6,618
-7%
$654,700
—
2016
$7,132
-27%
$654,700
—
2015
$9,735
23%
$654,700
-35%
2014
$7,887
150%
$1,008,760
117%
2013
$3,151
—
$465,160
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5201 W Hwy 74 Hwy
5201 W Highway 74 Highway, Monroe, NC 28110 (MLS# 4102513) is a Commercial property. 5201 W Highway 74 Highway is currently listed for $1,190,000 and was received on January 22, 2024. Want to learn more about 5201 W Highway 74 Highway? Do you have questions about finding other Commercial real estate for sale in Monroe? You can browse all Monroe real estate or contact a Coldwell Banker agent to request more information.