Financial
Distress signals
Property profile

230 N Hammond Dr N 230B Monroe, GA 30655

FOR SALE
Other commercial real estate
Property ID
US22-4259874
7,812 SF 0.41 ac lot Built 1979
Last sale Jul 2022 · $762,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This retail shopping center on N Hammond Drive includes three individual retail suites designed for commercial use. Each suite is approximately 1,000 to 2,000 square feet and features flexible floor plans, separate storefront entrances, large display windows, and natural light. Common features include covered sidewalks, an exterior brick façade, and customer parking that supports on-site retail operations. The center has frontage on Hammond Drive and is located directly across from the Monroe…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$154k
Assessed land$28k
Assessed improvement$126k
Effective rate3.50%

Value estimate

· Sep 2026
$840k
$756k – $924k
AI approach$825k
Submarket $/SF estimate$947k
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$12k
Operating expenses−$9k
NOI · 2,944.56% cap applied$27k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$233/SF
ZIP average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$109 – $412
Qualifying comparables9

Cap rate analysis

How does the asset earn?
2,944.56%
$27k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B1
JurisdictionWALTON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply10.9
Electrical Service10.8
Pharmacy10.7

Location

230 N Hammond Dr N, Unit 230B Monroe, GA 30655
County assessor Recorded deeds · 13 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1490 Hwy 78, Monroe, GA 30655-7108 $9,100,000 Oct 2024 7,000 SF
730 Hwy 138, Monroe, GA 30655-5648 $2,100,000 Oct 2023 5,794 SF
134 Broad, Monroe, GA 30655-1842 $672,000 May 2022 4,944 SF
2120 Spg, Monroe, GA 30655-3197 $6,300,000 Apr 2022 12,240 SF
316 Mayfield, Monroe, GA 30655-1704 $1,300,000 Nov 2021 8,880 SF
113 Broad, Monroe, GA 30655-1869 $1,322,000 Apr 2021 7,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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