Single-Tenant Metal Retail
1900 Highway 16 W Monticello, GA 31064
New
For Sale
$1,200,000
COMMERCIAL - Monticello, GA
Property Size7,800 SF
Lot Size1.24 Acres
Price / SF$153.85
Days on Market2
Property Features for 1900 Highway 16 W
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Parking features
- Parking Lot
- Security features
- Security
- Standard status
- Active
- APN
- M04 001
- Size
- 7,800 SF
- Lot size
- 1.24 Acres
Taxes and HOA fees
- Tax Year
- 25
- Tax Annual Amount
- 4108
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2003
- Building materials
- Steel Siding
- Roof type
- Metal
Listing Agency:
Above All Realty
(706) 308-8084
Listed By:
Susan Hart · License #160705
(706) 308-8084
Added: Jul 24
Last Checked: Jul 25 at 7:06PM
MLS# 10812360
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
For sale: a metal retail building located at 1900 Highway 16 W in Monticello, GA (Jasper County). The property is built in 2003 and offers 7,800 square feet on 1.24 acres.
The site is currently income producing with a well-established operating Dollar General store as the present use. Please note there is no sign, and prospective parties should do not disturb the tenant during business hours.
This is a straightforward, single-tenant retail offering with the existing Dollar General use in place and a building footprint suited to day-to-day store operations.
The site is currently income producing with a well-established operating Dollar General store as the present use. Please note there is no sign, and prospective parties should do not disturb the tenant during business hours.
This is a straightforward, single-tenant retail offering with the existing Dollar General use in place and a building footprint suited to day-to-day store operations.
Key Highlights
- Metal building built in 2003 with central heating and central air
- Income‑producing property with a well‑established tenant; current use is a Dollar General store
- 7800 SF commercial building on 1.24 acres
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $171.3k | $21.96 |
| − Vacancy | −$14.6k | −$1.87 |
| EGI | $156.7k | $20.09 |
| − OpEx | −$47.0k | −$6.03 |
| NOI | $109.7k | $14.07 |
7,800 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.57M
$1.37M – $1.83M
NOI $109,710 @ 7.0% cap · market cap 9.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.18M
$1.91M – $2.54M
NOI $152,628 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Metal retail building built in 2003 with an operating Dollar General tenant on 1.24 acres.
Where is this retail space located?
The property is located at 1900 Highway 16 W Monticello, GA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Metal building built in 2003 with central heating and central air; Income‑producing property with a well‑established tenant; current use is a Dollar General store; 7800 SF commercial building on 1.24 acres
