Metal-Building Storefront
For Sale
$1,200,000
1900 Highway 16 W, Monticello, GA 31064
Commercial Sale, Monticello, GA
Property Size7,800 SF
Lot Size1.24 Acres
Price / SF$153.85
Days on Market95
Property Features for 1900 Highway 16 W
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking features
Parking Lot
Security features
Security
Lot features
City Lot, Level
Directions
GPS friendly
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
Listed By:
Susan Hart
(706) 308-8084
Added: Jul 24
Changed: Oct 5
Last Checked: Oct 26 at 9:06PM
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.
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Investment Insights
Based on property information with market context.
Located at 1900 Highway 16 W in Monticello, this storefront property occupies 1.24 acres and contains a 7800-square-foot metal building. Constructed in 2003, the building has steel siding, a metal roof, central heating, and central air conditioning. The property is currently used as a Dollar General store and has an established tenant in place.
Site infrastructure includes public water, public sewer, and water availability. A parking lot serves the building, while the Highway 16 W address provides the property's stated road access. The listing also notes that the site has no sign and requests that the tenant not be disturbed during business hours.
Site infrastructure includes public water, public sewer, and water availability. A parking lot serves the building, while the Highway 16 W address provides the property's stated road access. The listing also notes that the site has no sign and requests that the tenant not be disturbed during business hours.
Key Highlights
- 7800‑square‑foot metal building on 1.24 acres
- Current Dollar General store use with an established tenant
- Built in 2003 with steel siding and a metal roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,710
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,194,200
$2.2M
Cap Rate 7%
$1,567,286
$1.6M
Cap Rate 9%
$1,219,000
$1.2M
Market Conditions
NOI Build-Up for 7,800 SF
Gross rent
$171.3K $21.96/SF
− Vacancy
−$14.6K −$1.87/SF
EGI
$156.7K $20.09/SF
− OpEx
−$47.0K −$6.03/SF
NOI
$109.7K $14.07/SF
Area
Jasper County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,194,200
Cap Rate 7%
$1,567,286
Cap Rate 9%
$1,219,000
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
42k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 37%
Shops & Services 37%
Dining 26%
Ingles
Groceries
15,661 visits/mo
0.5 miles
Circle K
Shops & Services
10,445 visits/mo
0.1 miles
Jack's Family Restaurants
Dining
8,613 visits/mo
0.2 miles
Dollar General
Shops & Services
4,922 visits/mo
0.0 miles
SUBWAY
Dining
2,352 visits/mo
0.1 miles
Demographics for 31064, GA
9,880
Population
4,264
Households
2.3
Avg Household Size
41
Median Age
23%
College-Educated
91%
High-School Grad
245.7 sq mi
ZIP Area
40
Density / Sq Mi
$56,961
Median Household Income
$37,557
Median Earnings
$1,020
Median Rent
$223,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Petals by Crystal — 137 S Warren St, Monticello, GA 31064
Frequently Asked Questions
What type of property is this?
Storefront property - Existing retail occupancy, public utilities, and a parking lot support the property's current commercial use.
Where is this storefront property 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: 7800‑square‑foot metal building on 1.24 acres; Current Dollar General store use with an established tenant; Built in 2003 with steel siding and a metal roof
