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Property profile & analytics
OFF-MARKET Estimated value $1,225,000
Office Spaces

129 Broad St Monroe, GA 30655-1869

5,496 SF 0.38 ac lot Built 1920
Individually Owned 5-yr Hold Free & Clear
Property ID
US22-0501750
Property summary
AI-generated overview

This exceptional 250-square-foot executive office suite is available for lease in the historic Eulalia Building, located in the heart of downtown Monroe. Built in 1920, this single-tenant space offers convenient access from both Wayne Street and N Broad Street, providing excellent visibility and accessibility. The suite is part of a larger building with shared amenities, including a break room, two restrooms, and a conference room, all included in the lease rate. Utilities are also included, simplifying budgeting and administration. The building features secure access via door code, and each office has its own individual key for added privacy and security. The B2 zoning allows for a variety of uses, making this space ideal for a startup company, small business, or a small retail operation seeking a prime downtown location. The efficient layout and shared amenities create a collaborative yet private work environment. This property presents a unique opportunity to establish a presence in a thriving downtown community. The building consists of one structure with a total of 250 square feet, all of which is currently vacant. The property's APN is M0140057, located in Walton County. This is a single-tenant space, perfect for those seeking a focused and efficient workspace.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1920
Construction CONCRETE
Total area 5,496 SF
Lot 0.38 ac (16,553 SF)
Zoning code B2
APN M0140-057
UPID US22-0501750
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Morton James Clothing & Fashion Store
  • Southern Pro Contracting, Inc. Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.18M
CAP Approach CAP
$1.12M
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$1.23M
Owner & transaction history
James W Draper · 5 yrs held
James W Draper
since 2021
Last sale
$1.3M
4 recorded transactions
2021
$1.3M
2018
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B2 · Monroe, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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