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Acreage at Monroe
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15 photos

$7,900,000

Monroe, NC 28112
Listed by Brian Benton · Emerald Pointe Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

An ideal property for development is available at the intersection of Lancaster Highway and MLK Boulevard. This prime location is strategically situated at a traffic light intersection, ensuring excellent accessibility via Avery Parker Road. The property encompasses 139 acres and is adjacent to the Fieldstone subdivision, which benefits from city water and sewer services.

Property details

MLS #
CAR4259786
Property type
Acreage
Subdivision
None
Status
Active
Days on market
343
On market date
May 23, 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
3.09 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
2.46 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
1.44 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).

17
Very car-dependent
out of 100
EPA National Walkability Index
5.7 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 343 days -- 250 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
$47,725/mo
$1,580,000 down
$6,320,000 loan
Principal & interest$40,991
Property tax (est.)$6,583
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 1, 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.