100 Broad St Monroe, GA 30655-2154
- Commercial real estate
- 5,238 SF
- 0.24 lot acres
Current Use by Public Records
- The Roe / Restaurant
- The Roe - Market / Butcher Shop
- all office outfitters / Computer Service
Property Details for 100 Broad St
- Year built
- 1900
- Construction
- CONCRETE
- Lot size
- 0.24 lot acres
- Property size
- 5,238 SF
- Zone code
- B2
- Property type
- Commercial real estate
- APN
- M0140-093
- APU
- M0140093
Description
This exceptional 4,950 square foot commercial property, located at 100 Broad Street in Monroe, Georgia, presents a unique investment opportunity. Situated on a 0.11-acre lot at the prominent intersection of Broad and Spring Streets, this building enjoys unparalleled visibility and accessibility. Originally constructed in 1908 as The National Bank of Monroe, this historic marble structure boasts impressive architectural details and has served more recently as the Walton County Agriculture Extension office. The interior comprises over seven offices, three restrooms, a kitchen/break room, and substantial storage space, including several vaults. Its prime location directly across from the Historic Walton County Courthouse places it at the heart of community activity, making it ideal for a variety of commercial uses. The building's prominent position ensures high visibility during parades, festivals, and downtown concerts, offering significant marketing advantages. This is a chance to acquire a piece of Monroe's rich history while capitalizing on its vibrant future. The asking price is $1,300,000. The property's size, location, and historical significance make it a truly exceptional investment opportunity in the heart of Monroe.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $345,000
- 7%
- $300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $355,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $345,000
- Mixed-Use
- $320,000
- Hospitality
- $290,000
- Educational
- $295,000
- Residential Income
- $370,000
- Energy
- $340,000
- Income-Based Land
- $305,000
- Food Service
- $310,000
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Walton
- State
- Georgia
- Longitude
- -83.7135
- Latitude
- 33.7946
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
