Shopping Center Storefront
For Sale
Contact for pricing
230 N Hammond Drive N #230B, Monroe, GA 30655
Three flexible storefront suites offer individual entrances, display windows, and customer parking in a maintained commercial center.
Property Size1,979 SF
Days on Market96
Property Features for 230 N Hammond Drive N #230B
General Information
Standard status
Active
Size
1,979 SF
Property subtype
Commercial
Amenities
0.41 acres, Business Park
Metal
Public Sewer
Parcel Number: M0110193
Laminate
Electric
Listing ID: 10817484, Standard Status: Active, MLS Status: Active, On market as of 2026-08-01, 94 days on market
2 total parking spaces, Parking Lot
Built in 1979, Construction Materials: Brick
County/Parish: Walton
Resale
Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Water Source: Public
Water Body Name: NONE
Building Details
Building Size
1,979 SF
Year Built
1979
Listing Agency:
Keller Williams Realty Atl. Partners
(678) 808-1300
Listed By:
Kasey Prince · License #212043
(770) 356-7004
Source:
Blackstreaminternational
Added: Aug 1
Changed: Nov 3
Last Checked: Nov 3 at 7:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Atl. Partners
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Investment Insights
Based on property information with market context.
This shopping center property includes three available storefront suites ranging from 1,000 to 2,000 SF. Each suite has an individual entrance, large display windows, and flexible floor plans, with customer parking serving the center. The building dates to 1979 and features a brick exterior with covered sidewalks.
The property fronts N Hammond Drive at 230 N Hammond Drive N Unit 230B in Monroe, Georgia. It is positioned across from the Monroe Police Department and within the projected Blaine Street redevelopment corridor. Historic Downtown Monroe is minutes away, with access to Highway 78 and surrounding business districts. The setting also includes nearby commercial activity and frontage along Hammond Drive.
The property fronts N Hammond Drive at 230 N Hammond Drive N Unit 230B in Monroe, Georgia. It is positioned across from the Monroe Police Department and within the projected Blaine Street redevelopment corridor. Historic Downtown Monroe is minutes away, with access to Highway 78 and surrounding business districts. The setting also includes nearby commercial activity and frontage along Hammond Drive.
Key Highlights
- Three available suites ranging from 1,000‑2,000 SF
- Individual storefront entrances and large display windows
- Customer parking with covered sidewalks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,501
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,020
$530.0K
Cap Rate 7%
$378,586
$378.6K
Cap Rate 9%
$294,456
$294.5K
Market Conditions
NOI Build-Up for 1,979 SF
Gross rent
$47.2K $23.87/SF
− Vacancy
−$11.9K −$6.02/SF
EGI
$35.3K $17.85/SF
− OpEx
−$8.8K −$4.46/SF
NOI
$26.5K $13.39/SF
Area
Walton County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,020
Cap Rate 7%
$378,586
Cap Rate 9%
$294,456
Alternative Uses
Best Use
Retail
$397.6K
$347.9K – $463.9K
NOI $27,835 @ 7.0% cap · market cap 3,092.78%
Second Best
Office B
$378.6K
$331.3K – $441.7K
NOI $26,501 @ 7.0% cap · market cap 2,944.56%
Theoretical Best
Office A
$555.7K
$486.2K – $648.3K
NOI $38,899 @ 7.0% cap · market cap 4,322.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 30655, GA
27,541
Population
10,212
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
83.0 sq mi
ZIP Area
332
Density / Sq Mi
$68,292
Median Household Income
$39,472
Median Earnings
$1,099
Median Rent
$290,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Evertts flowers — Monroe, GA 30655
Frequently Asked Questions
What type of property is this?
Storefront property - Three flexible storefront suites offer individual entrances, display windows, and customer parking in a maintained commercial center.
Where is this storefront property located?
The property is located at 230 N Hammond Drive N #230B Monroe, GA.
What are key features of this property?
This property features: Three available suites ranging from 1,000‑2,000 SF; Individual storefront entrances and large display windows; Customer parking with covered sidewalks
