198 N M L King Jr Blvd - Commercial LAND FOR SALE


Monroe, NC 28110 958,320 SF
$8,000,000 USD
617-933-7244
198 N M L King Jr Blvd, Monroe, NC for Sale
$8,000,000 USD
Commercial LAND - FOR SALE
1/4
958,320 SF

198 N M L King Jr Blvd
Monroe, NC 28110


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)

OVERVIEW

Property Highlights: Gateway Mixed-Use Development Opportunity — 22 Acres at Hwy 84 & Hwy 200, Monroe NC Prime Location: High-visibility corner at Hwy 84 (Weddington Rd) & Hwy 200 (MLK Blvd) — gateway into vibrant Downtown Monroe. Shovel-Ready: Fully entitled, rezoned, and sewer capacity reserved — ready for immediate development. Mixed-Use Masterplan: Approved for apartments, condos, townhomes, and retail to meet strong local demand. Proximity to Key Amenities: Across from Union Academy Charter School. 3 miles to Central Academy of Technology & Arts (CATA). 2 miles to Hwy 74 for regional connectivity. 5 miles to Monroe Executive Airport. Strong Surrounding Growth: Surrounded by national homebuilders and popular retailers. Municipal Support: Fully backed by the City of Monroe for a transformative community development.

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/ACRE

$363,636/AC

PRICE/SF

$8 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Residences @ Starlite - Mixed-Use Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo, Planned Unit Development, Storefront Retail/Residential

LAND ACRES

22 AC

LAND SF

958,320 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

PUD

APN/PARCEL ID

09-313-014-A

ASK ABOUT THIS PROPERTY

Sushanth CharabuddiEagle I Property GroupMore Info
617-933-7244

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Sushanth CharabuddiEagle I Property GroupMore Info
617-933-7244

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.