3621 Rocky River Road N | Sinko Realty LLC
$3,400,000
Active NEW 0 days

3621 Rocky River Road N

Monroe, NC, 28110

0 Bedrooms | 0 Bathrooms | 0 Sq Ft | 19.41 Acres
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Property Description

Prime location in view of interchange of Monroe Expressway and Rocky River Road. Assembly of 5 parcels to make nearly 20 acres - designated in Monroe Land Use Plan for mixed use development including apartments, office, retail, restaurants. Convenient access to Monroe Expressway, Highway 74 and Secrest Shortcut Road. Land has good topography and pond which may be drained per Army Corp of Engineers, used for storm water management or nice water feature for the development. Two large developments with over 1000 residential units nearby are approved and underway making this ideal spot for any business depending on rooftops. See drone video of the site at link below. Copy and paste link in your browser. If link doesn't open, call agent and I'll send you another link through email.

https://player.vimeo.com/progressive_redirect/playback/1018290120/rendition/2160p/file.mp4?loc=external&signature=a1ad6bfd263fe05060e3f3bb675aa3877944070d0cbdfb3ce1af3434d3d654ba

Property Details

Property Type: Unimproved Commercial
Year Built: N/A
Living Area: 0 sq ft
Lot Size: 19.41 acres
Bedrooms: 0
Bathrooms: 0
Water: City
Sewer: Public Sewer

Schools

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Financial Information

List Price: $3,400,000
HOA: No
Listing Information
Status: Active
MLS #: 4345208
Listing Firm: Paxton Properties
Listing Agent: Lynda Paxton
Agent Email: LPaxton47@outlook.com

Market Insights

Monroe is a Seller's Market

Inventory is low and competition is high. Sellers have more negotiating power.

Buyer's Market Seller's Market
35 Active Listings
64 Sold (Last 90 Days)
1.6 mo Inventory
-
98.7%
List to Sale Price
Homes typically sell for about 1% below list price.
~
56 days
Avg. Days on Market
Homes typically go pending in about 8 weeks.
$
$387,495
Median Sale Price
Based on 64 recent sales

Estimated Monthly Payment

Full Calculator →
Estimated Payment
$21,017
per month
Payment Breakdown
Principal & Interest $17,192
Property Tax (est.) $2,833
Insurance (est.) $992
Total Monthly $21,017

* This is an estimate only. Actual payments may vary based on lender terms, credit score, property taxes, insurance rates, and HOA fees. Contact a lender for accurate quotes.

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