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    2020 Monroe Dr Monroe, GA 30655

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    For Sale
    $725,000

    5+ acres with highway frontage, potential for commercial development.

    Lot size:
    5.24 Acres

    Property Features for 2020 Monroe Dr

    General Information

    Standard status
    Active
    Lot size
    5.24 Acres
    Source: Corcoran

    Listing Agent: Kathy Walker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land on Highway 78

    This property features over 5 acres of land with 403 feet of frontage on Highway 78. The site includes an existing structure that requires demolition. Zoned residential, the property offers potential for commercial development with appropriate approvals. This location is suitable for investors, developers, or business owners seeking a high-traffic area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Monroe
    County
    Walton
    State
    Georgia
    Longitude
    -83.770172
    Latitude
    33.798545

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    FAQs

    What type of property is this?
    Land - 5+ acres with highway frontage, potential for commercial development.
    Where is this land located?
    The property is located at 2020 Monroe Dr Monroe, GA.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Prime 5+ acre land opportunity in a high-growth corridor.; - 403 feet of road frontage on Highway 78, offering **excellent visibility**.; - Strong potential for commercial use with necessary approvals.
    Request Owner's contact information
    2020 Monroe Dr Monroe, GA 30655
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    Monroe, GA 30655
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2020 Monroe Dr Monroe, GA 30655
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