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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1946-1986 Spring St Monroe, GA 30655

23,500 SF
Property ID
Property summary
AI-generated overview

Invest in this prime retail opportunity at Paradise Shoppes of Monroe, ideally situated at the intersection of W Spring Street and M.L.K Jr. Blvd in Walton County. This multi-tenant commercial property boasts a total of 23,500 square feet, with 7,000 square feet currently vacant and divisible into spaces ranging from 1,400 to a maximum contiguous 5,600 square feet. The property sits on a substantial 6.91-acre lot and is zoned B3, allowing for a variety of commercial uses. Benefit from the strong surrounding demographics, including an average household income of $65,168 within a 5-mile radius and a population of 30,682 within the same area. High visibility is assured with 16,590 vehicles passing daily on Spring Street. Enjoy the advantage of established co-tenants such as Chick-Fil-A, Suntrust, Little Caesars, Verizon, and Moe's Southwest Grill, drawing significant foot traffic. Furthermore, the property's proximity to Clearview Regional Medical Center, a major employer with approximately 450 staff members and over 120 physicians, provides a substantial and stable customer base. This exceptional location offers unparalleled potential for growth and success in a thriving commercial district.

Property profile
Verified
Property type Retail properties & Spaces
Total area 23,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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