1116 Medlin Road
Monroe, NC 28112
Est. $3,161/mo — See my rate
$169/Sq Ft
4 bd · 2 ba · 3,246 sqft · $169/sqft
About This Home
Prime development opportunity in the heart of Monroe! This expansive ±5.10-acre site, comprised of two contiguous parcels, offers a unique high-yield residential pivot. Zoned RLD (Residential Low Density) within the City of Monroe jurisdiction, the property is ideally positioned for a boutique residential cluster subdivision with a potential yield of 10-14 lots. Unlike many rural tracts, this site benefits from superior access to city water and sewer services.
The property features a charming 3,218 sq. ft. home built in 1920, which can be reimagined as a central clubhouse, HOA amenity center, or administrative office to anchor your new development. Alternatively, the site is well-suited for institutional uses such as assisted living, daycare, or private educational facilities via a Special Use Permit (SUP) through the Board of Adjustment.
With two manageable parcels (2.69 and 2.41 acres), investors can explore phased development or immediate resale of one half. Take advantage of this rare find in the Sunset/Franklin neighborhood where large, developable acreage within city limits is a finite resource. Don’t miss the chance to bring modern infill density to a location that maintains its distinct neighborhood character.
Property Details
Interior Details
- Heating
- Forced Air
- Natural Gas
- Flooring
- Carpet
- Tile
- Sqftmain
- 2789
- Roomcount
- 11
- Sqftlower
- 0
- Sqftthird
- 0
- Sqftupper
- 457
- Bedroommain
- 2
- Bedroomupper
- 2
- Fullbathmain
- 2
- Halfbathmain
- 0
- Fullbathupper
- 0
- Halfbathupper
- 0
- Half Bathrooms
- 0
- Total Bathrooms
- 2
- Laundry Features
- Laundry Room
- Main Level
- Sqftunheatedmain
- 0
- Mainlevelgarageyn
- 0
- Sqftunheatedtotal
- 0
- Sqftunheatedupper
- 0
- Fireplace Features
- Family Room
- Sqfttotalpropertyhla
- 3246
Dwelling And Structure
- Architectural Style
- Bungalow
Square Footage And Levels
- Levels
- One and One Half
- Above Grade Finished Area
- 3246
- Below Grade Finished Area
- 0
Parking And Garage
- Parking Features
- Driveway
Exterior Features
- Construction Materials
- Asbestos
- Patio And Porch Features
- Awning(s)
Lot And Land
- Lot Features
- Rolling Slope
- Lot Size Acres
- 5.09
- Lot Size Units
- Acres
- Horse Amenities
- Barn
- Other Structures
- Barn(s)
- Outbuilding
- Shed(s)
Basement And Foundation
- Foundation Details
- Crawl Space
Utilities
- Sewer
- Septic Installed
- Utilities
- Electricity Connected
- Natural Gas
- Water Source
- Well
Financial Information
- Citytaxespaidto
- Monroe
- Hoasubjecttodues
- No
Zoning And Restrictions
- Zoningspecification
- R L D
Listed by Thomas Elrod (704-887-6600) · Keller Williams Ballantyne Area (704-887-6600)
Location
- Address
- 1116 Medlin Road
- City
- Monroe, NC 28112
Schools
- Elementary
- East
- Middle
- Monroe
- High
- Monroe
School assignments may change. Contact the school district to confirm.
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