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3211 Old Charlotte Hwy 6 Acres of Residential Land Offered at $904,605 CAD in Monroe, NC 28110
Investment Highlights
- Well positioned
- High Growth Submarket
- Immediate Rental Income
Executive Summary
This ±6-acre property includes two parcels and two existing structures (single family home and duplex) that are currently occupied and offer immediate income until the site is developed or to hold long term. This site is positioned well on Old Charlotte Hwy with proximity to Monroe, Indian Trail, US-74 and lots of new residential development in the area. Zoned RMD through the City of Monroe, the site allows for both single family detached and townhome-style attached housing, with by-right zoning supporting 3 units per acre. Water and sewer are accessible.
Property Facts
| Price | $904,605 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 6.00 AC |
| Property Type | Land | ||
| Zoning | RMD - Residential | ||
| Price | $904,605 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 6.00 AC |
| Zoning | RMD - Residential |
1 Lot Available
Lot
| Price | $904,605 CAD | Lot Size | 6.00 AC |
| Price Per AC | $150,767.50 CAD |
| Price | $904,605 CAD |
| Price Per AC | $150,767.50 CAD |
| Lot Size | 6.00 AC |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $380,769 CAD | |
| Land Assessment | $136,943 CAD | Total Assessment | $517,712 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$136,943 CAD
Improvements Assessment
$380,769 CAD
Total Assessment
$517,712 CAD
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3211 Old Charlotte Hwy
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