493 Georgia Hwy Monroe, GA 30656
This exceptional 10.3-acre development site presents a unique opportunity for investors and developers in Monroe, Georgia. Strategically located on Georgia Highway 11 in Walton County, this property boasts a prime corner location with high visibility and excellent access. The permitted zoning allows for potential commercial development, making it ideal for a variety of uses. The expansive lot size offers ample space for a large-scale project, such as a supermarket with accompanying outparcels, or a mixed-use development combining commercial and other ventures. The property's address is 493 Georgia Hwy 11, Monroe, GA 30656, with GPS coordinates of 33.7364019 latitude and -83.6999316 longitude. Given its size and location, this tract is well-suited for a project requiring significant land area and convenient highway access. The asking price for this exceptional development opportunity is $895,000. This property offers significant potential for substantial return on investment due to its strategic location and versatile zoning. Serious inquiries are encouraged to explore the possibilities this land presents. The property is zoned for potential commercial use. This is a rare opportunity to acquire a large parcel of land in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.