1946-1986 Spring St Monroe, GA 30655
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.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.