Renovated Seven-Office
For Sale
Contact for pricing
333 Alcovy Street #6, Monroe, GA 30655
Professional layout includes accessible private entry, lobby, kitchenette, and two bathrooms.
Property Size1,966 SF
Price / SF$0.09
Days on Market50
Property Features for 333 Alcovy Street #6
General Information
Standard status
Active
Size
1,966 SF
Property subtype
Commercial
Amenities
0.4 acres, Level
Composition
Public Sewer
Parcel Number: M0180030006
Laminate
Central Air
Central
Listing ID: 10837348, Standard Status: Active, MLS Status: Active, On market as of 2026-09-01, 48 days on market
15 total parking spaces, Parking Lot
Built in 1966, Construction Materials: Brick
County/Parish: Walton
Updated/Remodeled
Cable Available, Phone Available, Water Available, Sewer Available, Electricity Available, Water Source: Public, 220 Volts
Accessible Approach with Ramp
Building Details
Building Size
1,966 SF
Year Built
1966
Listing Agency:
Malcom & Malcom Realty Prof.
(770) 267-0092
Listed By:
Lee P Malcom · License #203677
(404) 218-2213
Source:
Blackstreaminternational
Added: Sep 1
Changed: Oct 19
Last Checked: Oct 19 at 9:17AM
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 Malcom & Malcom Realty Prof.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Renovated office unit with seven private offices arranged around a large reception lobby. Laminate flooring extends throughout the space, creating a consistent, low-maintenance finish, while the kitchenette supports daily staff needs and two bathrooms complete the layout.
The property offers separate access options through the shared hallway or a private entrance equipped with both steps and a ramp. Located within Monroe city limits near downtown, the office provides a professional setting for a range of business operations.
The property offers separate access options through the shared hallway or a private entrance equipped with both steps and a ramp. Located within Monroe city limits near downtown, the office provides a professional setting for a range of business operations.
Key Highlights
- Seven private offices in a renovated layout
- Private entrance with both steps and a ramp
- Main access available through the shared building hallway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$247,695
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,953,900
$5.0M
Cap Rate 7%
$3,538,500
$3.5M
Cap Rate 9%
$2,752,167
$2.8M
Market Conditions
NOI Build-Up for 18,497 SF
Gross rent
$441.5K $23.87/SF
− Vacancy
−$111.3K −$6.02/SF
EGI
$330.3K $17.85/SF
− OpEx
−$82.6K −$4.46/SF
NOI
$247.7K $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%
$4,953,900
Cap Rate 7%
$3,538,500
Cap Rate 9%
$2,752,167
Alternative Uses
Best Use
Office B
$3.54M
$3.10M – $4.13M
NOI $247,695 @ 7.0% cap · market cap 14,154.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.19M
$4.54M – $6.06M
NOI $363,577 @ 7.0% cap · market cap 20,775.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Professional layout includes accessible private entry, lobby, kitchenette, and two bathrooms.
Where is this office unit located?
The property is located at 333 Alcovy Street #6 Monroe, GA.
What are key features of this property?
This property features: Seven private offices in a renovated layout; Private entrance with both steps and a ramp; Main access available through the shared building hallway
