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Auctioneer: Jason Dolph | NC Auctioneer #7839

Auction Location:

2616 Brick Yard Road
Monroe, North Carolina 28110

Auction Listing

REAL ESTATE AUCTION
WEDNESDAY, AUGUST 26, 2020 at 12:00 NOON
8.3 Acre Corner Parcel With 676 Feet Of US-74 Frontage ( 41,000 Average Daily Travelers)
17 Direct Miles To Downtown Charlotte, North Carolina | 6 Miles To I-485 Outer Beltway
Located At 2616 Brick Yard Road | Monroe, North Carolina 28110
FANTASTIC DEVELOPMENT OPPORTUNITY IN ONE OF THE NATION’S TOP MARKETS
Zoned HC – Highway Corridor (Commercial) – Ideal For RETAIL | HOTEL | MEDICAL | OFFICE
Retiring Owners Order Sold To Highest Bidder Above $999,000 Just 60% Of Tax Value
Live Auction Conducted at Courtyard by Marriott Charlotte – Matthews
PHONE / ONLINE BIDDING AVAILABLE FOR OUT OF TOWN BIDDERS

REASON FOR SALE: Retiring owners direct this one-time-only immediate sale, passing substantial savings on to the high bidder at the Auction. The property is sold free and clear of liens. The Auction will be conducted live on Wednesday, August 26th at 12:00 Noon at the Courtyard by Marriott Charlotte – Matthews, located at 11425 E. Independence Blvd, Matthews, NC 28105.

ONSITE INSPECTIONS: Private inspections may be arranged by calling Jason Dolph at 704-502-0388.

ITE DESCRIPTION:

This 8.3-acre corner parcel is ideally situated unincorporated Union County, NC (Parcel ID # 09363015). It sits on the eastbound side of 4-lane US 74 (676 Feet of highway frontage) at the intersection of Brick Yard Road (917 feet of road frontage | Not state-maintained). There is a turnaround directly at the intersection (with dedicated turn lane) at the western corner of the property and again 1,400 feet to the east of the parcel. There are 41,000 Annual Average Daily Travelers at the site per the NCDOT. Electric, county water, gas and cable/fiber-optic are available to the site. County sewer extension from across US 74 is possible with county approval. 2019 soil test reports are provided in the Bidder Packet to determine areas that are suitable for placement of onsite subsurface wastewater septic systems if desired. The undeveloped and wooded Parcel is elevated along US 74 frontage and level to the rear. Remanence of old house onsite and gravel driveway from Brick Yard Road.

US-74 is the major East/West corridor to downtown Charlotte (17 Miles West from the site). Charlotte is consistently ranked as one of the nation’s most desirable and business friendly city to reside. The 8.3-acre site is 6 miles to I-485 outer loop and 7 miles from the town of Monroe. Several major auto dealerships and national retailers are nearby. The property is zoned HC – Highway Corridor (Commercial) allowing for many potential uses including RETAIL | HOTEL | MEDICAL | OFFICE of which a complete list of permissible uses are provided in the Bidder Packet.

TAXES: The Union County Tax value is $1,667, 100 and the 2019 Taxes (Paid) were $12,294.83