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198 N M L King Jr Blvd
Monroe, NC 28110

$3,500,000 USD

Land For Sale  •  13.5 AC

Property Details

  • Property Type Land
  • Lot Size 13.5 AC
  • Zoning PUD
0 Transit Score
17 Walk Score

Description

Capitalize on a rare, ready-to-build opportunity in a booming corridor with robust demand for quality residential and retail spaces.

Iconic Corner Location: 
Commanding presence at the intersection of Hwy 84 (Weddington Rd) and Hwy 200 (MLK Blvd) — the welcoming gateway into Monroe’s historic and revitalizing downtown district.

Fully Entitled & Ready to Build: 
Take advantage of approved zoning and reserved sewer capacity — a rare plug-and-play opportunity for immediate vertical development.

Dynamic Mixed-Use Plan: 
Envisioned for vibrant residential and retail — including apartments, condos, townhomes, and neighborhood-serving retail — to meet strong market demand and fill critical housing needs.

Strategic Connectivity:
Less than 2 miles from Hwy 74 for seamless access to Charlotte and the surrounding region.
Just 5 miles from Monroe Executive Airport — an added draw for professionals and businesses.

Top-Rated Schools Next Door:
Ideally positioned directly across from Union Academy Charter School and just 3 miles from Central Academy of Technology & Arts (CATA) — a magnet for families seeking quality education.

National Builders Next Door: 
Surrounded by active communities from top national homebuilders including D.R. Horton, Smith Douglas, Mattamy Homes, and Meritage Homes, guaranteeing steady population growth and an established buyer and renter base.

High-Growth Surroundings:
Nestled among established national homebuilders and major retail anchors, ensuring a built-in customer base and strong foot traffic for future retail tenants.

Community & City Support:
Pro-development municipality fully behind this project, with infrastructure and approvals in place for a smooth delivery.

Highlights

Iconic Corner Location: Commanding presence at the signalized intersection of Hwy 84 (Weddington Rd) & Hwy 200 (MLK Blvd)
Fully Entitled & Shovel-Ready: Rezoned with sewer capacity already reserved, eliminating delays and ensuring a fast-track development timeline.
Top Schools Nearby: Directly across from Union Academy Charter School and 3 miles from Central Academy of Technology & Arts (CATA)

Property Flyers

Public Transportation

AirportDriveWalkDistance
Charlotte/Douglas International 49 min - 32.5 mi
Concord-Padgett Regional 48 min - 36.8 mi
Sushanth Charabuddi 617-933-7244 Eagle I Property Group
Sushanth Charabuddi 617-933-7244 Eagle I Property Group