1307 Ridge Road, Monroe, NC, 28110

1307 Ridge Road Monroe, NC 28110

1307 Ridge Road, Monroe, NC, 28110
1307 Ridge Road, Monroe, NC, 28110
FOR SALE
Property Type:
Residential Land Development
Amount:
$990,000
Last Verified:
Nov 18, 2024

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Description

Parcels 0824005, 0824005C

These well-positioned parcels have electricity through Union Power Cooperative and public water through Union County Public Works. Intent is to rezone.

Monroe, NC—a prime location for land and residential investors. Charming downtown area, nearby natural attractions, and convenient access to Wingate University and Monroe Executive Airport make this a prime investment opportunity.

Lot Size: 30.64 acres

Map of 1307 Ridge Road, Monroe, 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.