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Property profile & analytics
FOR LEASE
Commercial land
1865 Highway 138 Monroe, GA 30655
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-1606988
For Lease
1 / 15
$25 SF/Yr
1865 Highway 138, Monroe, GA 30655
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1960
Total area
1,168 SF
Lot
2.36 ac (102,802 SF)
Zoning code
B2
APN
C0760-130
UPID
US22-1606988
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$980k
Owner & transaction history
Monroe Site LLC · 3 yrs held
Monroe Site LLC
since 2023
Last sale
$995,000
7 recorded transactions
Zoning & alternative use
B2 · Monroe, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$915,000
ML approach
$1,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±10% · vs last sale $995k (Jan 23 2023)
Last sale anchor
$995k
Jan 23 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$839 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,913
Tax year 2023
Assessed value
$359,800
Assessed 2023
Previous assessed
$359,800
+0.0% YoY
Effective rate
3.03%
On assessed value
Assessed land
$359,800
Land market value
$899,500
Total market value
$899,500
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Lease
Year built
1960
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
1
Bathrooms
1
Total area
1,168 SF
Lot
2.36 ac (102,802 SF)
Zoning code
B2
APN
C0760-130
UPID
US22-1606988
Jurisdiction
WALTON
Zoning & alternative use
B2 · Monroe, GA
Zoning B2 · permitted uses
B2 · Monroe, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
2.36 ac
Current owner
From public records · entity-resolved
Monroe Site LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1252 CATAWBA ST, KINGSPORT, TN 37660-4556
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2026
—
Monroe Site LLC
—
Deed
related
$99,953 · Embassy National Bank
Sep 25, 2025
—
Monroe Site LLC
—
Deed
related
$132,875 · Embassy National Bank
Oct 27, 2023
—
Monroe Site LLC
—
Deed
related
$3,000,000 · Embassy National Bank
Jan 23, 2023
$995,000
Monroe Site LLC
Monroe Medical Grp LLC
Warranty Deed
—
Oct 26, 2021
$400,000
Urvish Patel
Jerry Lott
Warranty Deed
—
Oct 26, 2021
—
Monroe Medical Grp LLC
Urvish Patel
Warranty Deed
—
Aug 14, 2017
—
Jerry Lott
Lott,jeffrey E
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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