Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    259 Monroe Dr Monroe, GA 30655

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,750,000

    Move-in ready 5BR home with guest cottage and barn.

    Property size:
    4,964 SF
    Lot size:
    36.00 Acres

    Property Features for 259 Monroe Dr

    General Information

    Standard status
    Active
    Size
    4,964 SF
    Lot size
    36.00 Acres

    Building Details

    Year built
    2006

    We can help!

    Listing Contact
    George Baker
    Source: Corcoran

    Listing Agent: George Baker

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

    Learn more

    Property Insight Report

    Overview

    Charming Home on 36 Acres

    This charming home, situated on 36 acres in Walton County, features five bedrooms and is move-in ready. The residence includes a cozy eat-in kitchen, a comfortable living room with a masonry fireplace, and a sunroom that overlooks the backyard. The owner's suite is conveniently located on the main level. Beautiful hardwood floors are present throughout the home. A full basement with its own kitchen and entry provides additional living space. Located on Hwy 11, the property offers convenient access to both Monroe and Social Circle while maintaining complete privacy. The property also includes a guest cottage overlooking a peaceful pond, and an expansive barn with ample storage room. The property has double road frontage, potentially allowing for the creation of mini estates for future custom homes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store Department Store Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Walton
    State
    Georgia
    Longitude
    -83.771265
    Latitude
    33.799562

    Nearby Similar for Sale

    • $2,900,000
      Pending

      Turnkey Multifamily Investment Opportunity

      Renovated 16-unit property near downtown Monroe with income potential.
      1482 Waverly Way, Monroe, GA 30656
      View Details
    • $3,600,000
      124.95 Acres

      Walton County Cattle Farm

      124 acre cattle farm with house, pool, and barns.
      1650 Locklin Cemetery Rd, Monroe, GA 30656
      View Details
    • $1,100,000
      3,416 SF

      Historic Downtown Monroe Commercial Building

      Adaptable commercial space in historic downtown Monroe district.
      338 N Broad St, Monroe, GA 30655
      View Details
    • $2,500,000
      23.48 Acres

      Premier Equestrian Training Facility

      30-acre equestrian facility with top-tier amenities and world-class infrastructure.
      3055A Spring Hill Dr, Monroe, GA 30656
      View Details
    • New
      $3,600,000
      124.95 Acres

      Walton County Cattle Farm

      124 acre cattle farm with house, barns, and pool.
      1650 Locklin Cemetery Rd, Monroe, GA 30656
      View Details
    • $2,500,000
      23.58 Acres

      Premier Equestrian Training Facility

      24-acre commercial horse farm with top-tier amenities.
      3055A Spring Hill Dr, Monroe, GA 30656
      View Details
    • $825,000
      2,744 SF

      Spacious Home with Pool and Acreage

      Modern Monroe home on 2 acres with pool and garage.
      1159 Locklin Rd, Monroe, GA 30655
      View Details
    • New
      $375,000
      1,600 SF

      Renovated Commercial Building in Monroe

      Newly renovated 1,600 SF commercial building in Downtown Monroe.
      333 Alcovy St, Monroe, GA 30655
      View Details
    • $574,900
      2.00 Acres

      Versatile Property on 2 Acres

      Spacious property suitable for residential or commercial use.
      1409 Highway 11 N, Monroe, GA 30656
      View Details
    • $289,000
      1,250 SF

      Victorian Cottage in Historic District

      Charming 1920s cottage in downtown Monroe's historic Mill District.
      808 S Broad St, Monroe, GA 30655
      View Details
    • $1,499,000
      1.65 Acres

      Historic Manor in Downtown Monroe

      Elegant estate suitable as wedding venue, boutique hotel, or home.
      410 E Church St, Monroe, GA 30655
      View Details
    • $425,000
      0.01 Acres

      Monroe, GA Duplex Investment

      Income-producing duplex with new roof, updated HVAC, and granite countertops.
      122 Nowell St, Monroe, GA 30655
      View Details

    FAQs

    What type of property is this?
    Farm - Move-in ready 5BR home with guest cottage and barn.
    Where is this farm located?
    The property is located at 259 Monroe Dr Monroe, GA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - 36-acre property offering complete privacy.; - Convenient location on Hwy 11, accessible to Monroe and Social Circle.; - **5-bedroom home with owner's suite on the main level.**
    (770) 883-5541
    Request Owner's contact information
    259 Monroe Dr Monroe, GA 30655
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    259 Monroe Dr
    Monroe, GA 30655
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    259 Monroe Dr Monroe, GA 30655
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    George Baker
    Real Estate License ID: 178055
    (770) 883-5541
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.