INNOVATE Real Estate
Unimproved Commercial at Monroe
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12 photos

$1,500,000

Monroe, NC 28110
Listed by Caesar Escobar · Milemma Realty, LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Exceptional opportunity to acquire ±5.5 acres of prime Mixed-Use (CCMX1) land, offering outstanding flexibility for commercial development or high-density residential projects. Strategically positioned in a high-growth corridor, this site benefits from strong surrounding retail, dining, and consumer traffic, including close proximity to Monroe Crossing Mall. The property features approximately 560 feet of road frontage with existing sidewalk infrastructure, providing excellent visibility and accessibility. Convenient access to U.S. Route 74 (Roosevelt Boulevard) and the nearby bypass enhances connectivity to the greater market area. Zoning supports a wide range of potential uses—buyers are encouraged to review the City of Monroe Unified Development Ordinance for full development possibilities. Ideal for investors, developers, or end-users seeking a well-located, versatile site in a rapidly expanding market.

Property details

MLS #
CAR4254431
Property type
Unimproved Commercial
Subdivision
N/A
Status
Active
Days on market
369
On market date
May 9, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Benton Heights Elementary
1.04 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
500
Student:teacher ratio
10.6:1
District
Union County Public Schools
Middle
Monroe Middle
2.62 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
988
Student:teacher ratio
18.3:1
District
Union County Public Schools
High
Central Academy of Technology and Arts
2.57 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.1
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
809
Student:teacher ratio
18.4:1
District
Union County Public Schools

Walkability

Blended score for Monroe's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

28
Car-dependent
out of 100
EPA National Walkability Index
7.8 / 20 -- Below average walkable
Google Places amenity density
10 / 100
Restaurants & cafes0
Grocery stores2
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Monroe, from live MLS data.

On the market 369 days -- 276 more days than Monroe's current average of 93 days.
For reference, the median list price across 365 active listings in Monroe right now is $441,990.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$9,183/mo
$300,000 down
$1,200,000 loan
Principal & interest$7,783
Property tax (est.)$1,250
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 13, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.