Land For Sale: 5003-5007 W Hwy 74, Monroe

5003-5007 W Hwy 74 Unionville, NC 28110

5003-5007 W Hwy 74, Unionville, NC, 28110
5003-5007 W Hwy 74, Unionville, NC, 28110 5003-5007 W Hwy 74, Unionville, NC, 28110 5003-5007 W Hwy 74, Unionville, NC, 28110 5003-5007 W Hwy 74, Unionville, NC, 28110
FOR SALE
Property Type:
Commercial Land Development
Amount:
$1,200,000
Last Verified:
Jan 07, 2024


Description

Three contiguous lots totaling 2.53 acres in the heart of Monroe's retail corridor. Currently an auto repair shop, lots of possibilities in this parcel zoned General Business.

Conveniently located at the corner of West Highway 74 (Andrew Jackson Hwy) and Hayes Road in Monroe, near many retail stores, restaurants, and Charlotte-Monroe Executive Airport.

Building Size: 2877sq ft
Lot Size: 2.53 acres


Documents

5003-5007 W Hwy 74

Map of 5003-5007 W Hwy 74, Unionville, NC, 28110

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.