5-333 Alcovy St, Monroe, GA 30655
Newly renovated office building with a reception area, conference room, break room, and multiple office suites in downtown Monroe.
- Added:
- Jun 16, 2026
- Days on Market:
- 21
- Last Refresh:
- Jul 1 at 2:19 am
Property Features for 5-333 Alcovy St
General Information
- Standard status
- Active
- Size
- 1,600 SF
Listing office Malcom and Malcom Realty Prof, LLC. (770) 856-2905
Listing date Jun 16, 2026
Source Exprealty
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 and Malcom Realty Prof, LLC.
HighLights
- Newly renovated commercial office building in downtown Monroe with 1,600 SF of space
- Reception area plus a conference room and break room for meetings and day‑to‑day operations
- Seven versatile office suites for flexible business use
- Two bathrooms for employee and visitor convenience
- Connected parking lot with ample parking for employees and clients
Overview
The property is located in downtown Monroe and is presented as benefiting from high visibility and foot traffic. Access is supported by ample parking available in a connected parking lot, which helps accommodate both employees and clients.
For tenants or buyers looking for an office property with multiple suites, this building provides a practical setup for professionals and service-oriented businesses. Its reception, conference, and break room amenities support visitor-facing operations, while the seven suites provide room for established teams or organizations that need individual offices within a single facility.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.2k | $23.87 |
| − Vacancy | −$9.6k | −$6.02 |
| EGI | $28.6k | $17.85 |
| − OpEx | −$7.1k | −$4.46 |
| NOI | $21.4k | $13.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Walton
- State
- Georgia
- Longitude
- -83.714628
- Latitude
- 33.787712
