Current Use by Public Records
- Investment properties
Property Details for 1841 Georgia Hwy
- Year built
- 1985
- Lot size
- 29.50 lot acres
- Property type
- Investment properties
Description
This exceptional 29.5-acre commercial property, situated on heavily trafficked Highway 11 just north of Monroe, Georgia, presents a lucrative investment opportunity. Boasting over 12,000 daily vehicles passing by, this strategically located land offers significant potential for expansion and development. The property is already engineered and graded, complete with a retention pond, simplifying the process for future construction projects. Its proximity to Monroe's city limits adds further value. Currently generating a substantial gross monthly income of approximately $8,000, the property includes 80 mini-warehouse units, a tanning bed business, a driving range, batting cages, and income from a car lot. This diverse revenue stream provides immediate return on investment. The seller is open to offers on the entire property or individual parcels, allowing for flexibility in acquisition strategies. Note that the existing cell tower is not included in this sale. This is a rare chance to acquire a well-established, income-generating property with significant upside potential in a high-growth area. The existing infrastructure and high traffic count make this an ideal location for a variety of commercial ventures. The 1,000 square foot building houses the current businesses.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Walton
- State
- Georgia
- Longitude
- -83.7275
- Latitude
- 33.8388
