105 Glen Iris Dr Monroe, GA 30655
This 1952-built office building, situated on a 0.32-acre lot at 105 Glen Iris Drive in Monroe, Georgia (zip code 30655), presents a unique investment opportunity. Priced at $267,000, the property offers a versatile space suitable for various professional uses, including but not limited to legal practices, real estate agencies, or daycare centers. The building features two bedrooms and one bathroom, hardwood floors throughout the main living area, and a formal dining room. All appliances are included. Its convenient location offers walkability to downtown Monroe, enhancing its appeal and accessibility. The property's adaptability makes it an attractive option for investors seeking a strong return. While the building's current configuration is residential, its potential for conversion to a professional office space is significant. The property's size and location make it a compelling investment prospect. Interested parties are encouraged to explore the available 3D tour for a comprehensive view of the property. Financing options may be available; inquire for details.
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
Similar Nearby for Sale
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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.