Address
3609 Rocky River Road N Monroe, NC
Price
$ 1,270,500
Property Attributes
  • ID#3659135
  • TypeContingent
  • CountyUNION
  • CityMonroe
  • AreaUnion County
  • Zip28110
  • StyleLots/Acres/Farms
  • Price$ 1,270,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7.26 Acres
Listing Provided Courtesy Of:
Paxton Properties
Data Source:
Canopy MLS
Property Description

Listing includes two parcels to total 7.257 acre and is offered in assembly with 3 adjoining parcels to make nearly 20 acres for development. Great location at the interchange with Rocky River Road N and the Monroe Bypass. Monroe's land use plan calls for the corridor to be developed as Mixed Use for commercial, office, medical, multifamily, or high density residential. These two parcels have tenant occupied homes with positive cash flow which could be maintained until other development occurs. Owners prefer to sell the 5 tracts together but can be sold separately with acceptable offer. See drrone video tour of the site at following link. https://www.youtube.com/watch?v=j0iDHdrKWAM

Elementary School Middle School High School
Unspecified Elementary School Unspecified Middle School Unspecified High School
Price History
9/3/2020 Listed $1,342,500
3/30/2021 6% - $1,270,500

General Features

Additional Parcels Description 07012004
Car Hoasubjectto None
City Monroe
Construction Type Site Built
County Union
Days on Market 249
Directions Take Monroe Bypass to Rocky River Road exit. Property is on the right just before the intersection with Secrest Shortcut. Or travel toward the east on Secrest Shortcut. Left onto Rocky River
Elementary School Unspecified
High School Unspecified
Middle/Junior High School Unspecified
Possible Use Commercial, Multi-Family
Property SubType Lots/Acres/Farms
Property Type Land
Restrictions Other - See Media/Remarks
Sewer Public Sewer
Standard Status Active Under Contract
Street Name Rocky River
Structure Type Acreage
Subdivision Name None
TaxAssessedValue 455500
Utilities Cable Available, Electricity Available, Natural Gas Available
Zoning Description MU

Interior Features

Street Suffix Road

Exterior Features

Lot Dimensions 7.257 acres
Lot Features Paved, Pond(s)
Lot Size Area 7.257
Out Buildings YN Yes
Road Frontage Type Paved Road, State Road
Road Responsibility Public Maintained Road
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 28110

Price
AVG $410K
$1.27M
Visits
AVG 121
264

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