Description

Excellent redevelopment opportunity on 1.28 acres in a high-traffic corridor of Monroe, NC. Located at 3708 Wesley Chapel Stouts Rd, the property offers prime visibility near the intersections of Highway 74 and Old Monroe Road, with traffic counts of 18,500 VPD on Wesley Chapel Stouts Rd and 55,000 VPD at Hwy 74. Zoned RBD (Regional Business District), the site allows for a variety of permitted uses including retail, auto sales, office, or fitness. Existing structures on the property have not been given value, creating flexibility for redevelopment. Surrounded by strong residential growth and retail demand, this site provides easy access to major routes and strong demographics, with more than 100,000 residents within a 5-mile radius and average household incomes exceeding $120,000 Key Features: 1.28-acre parcel in a visible, accessible location Zoning allows many commercial uses High traffic counts and strong area demographics Structures carry no assigned value – ideal for redevelopment