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    Property profile & analytics

    1016 Spg St Monroe, GA 30655-2469

    • Medical offices
    • 3,464 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US22-1410630
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • A Healthy Place / Fitness Center
    • Our Family Health / Medical Clinic / Urgent Care Center
    • Dr. Michelle Plaster / Family Practice Physician
    • Dr. Craig Colby, MD / Family Practice Physician
    • William Delp / Family Practice Physician

    Property Details for 1016 Spg St

    Year built
    1989
    Construction
    WOOD
    Lot size
    0.75 lot acres
    Property size
    3,464 SF
    Zone code
    B3
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    M0240-021
    APU
    M0240021

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $360,000
      6.5%
      $330,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $330,000
      Mixed-Use
      $350,000
      Hospitality
      $330,000
      Educational
      $380,000
      Residential Income
      $355,000
      Energy
      $370,000
      Income-Based Land
      $325,000
      Food Service
      $375,000

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Walton
    State
    Georgia
    Longitude
    -83.6993
    Latitude
    33.8016
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,906
    $36,560
    $132,368
    $168,928
    -
    $91,400
    $330,920
    $422,320

    Comparable in this City

    • Value Estimation
      $380,000
      6,080 SF

      700 Breedlove Dr

      MEDICAL BUILDING • 6,080 SF
      700 Breedlove Dr, Monroe, GA 30655-2064
      View Details
    • Value Estimation
      $460,000
      4,388 SF

      513 Great Oaks Dr

      MEDICAL BUILDING • 4,388 SF
      513 Great Oaks Dr, Monroe, GA 30655-8230
      View Details
    • Value Estimation
      $315,000
      4,000 SF

      320 Spg St

      MEDICAL BUILDING • 4,000 SF
      320 Spg St, Monroe, GA 30655-1916
      View Details
    • Value Estimation
      $1,810,000
      10,611 SF

      303 Broad St

      MEDICAL BUILDING • 10,611 SF
      303 Broad St, Monroe, GA 30655-2119
      View Details
    • Value Estimation
      $2,730,000
      7,190 SF

      517 Great Oaks Dr

      MEDICAL BUILDING • 7,190 SF
      517 Great Oaks Dr, Monroe, GA 30655-8227
      View Details
    • Value Estimation
      $290,000
      8,326 SF

      521 Great Oaks Dr

      MEDICAL BUILDING • 8,326 SF
      521 Great Oaks Dr, Monroe, GA 30655-8211
      View Details

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    Similar Nearby for Lease

    • $4,320 /Mo
      3,142 SF

      Monroe, GA Medical/Office Suites

      Class A medical/office suites available for lease in Monroe, GA.
      705 Breedlove Dr, Monroe, GA 30655
      View Details
    • $1,800 /Mo
      1,952 SF

      Monroe, GA Commercial Space

      Open warehouse space ready for tenant build-out.
      601 Madison Ave, Monroe, GA 30655
      View Details
    • $6,000 /Mo
      6,400 SF

      Versatile Commercial Space in Monroe

      Spacious commercial property near downtown Monroe and the new bypass.
      1304 Broad St, Monroe, GA 30655
      View Details
    • $1,250 /Mo
      650 SF

      Renovated Office Space Near Downtown

      Newly renovated 650 SF office space near downtown Monroe.
      254 Broad St, Monroe, GA 30655
      View Details
    • $24 SF/Yr
      9,500 SF

      Prime Monroe Office/Retail Space

      9,500 SF Office/Retail Building, 1,500 SF Available
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      View Details
    • $4,336 /Mo
      3,155 SF

      Monroe, GA - Class A Office

      Remodeled office space near downtown Monroe, GA.
      120 2Nd St, Monroe, GA 30655
      View Details
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    Monroe, GA 30655-2469
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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