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    1901 Spg St Monroe, GA 30655-3902
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    Property profile & analytics

    1901 Spg St, Monroe, GA 30655-3902

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    • Banks
    • 15,522 SF
    • 2.05 lot acres
    Off-Market
    Last Sale Aug 18, 2024
    $3,750,000
    Property ID
    US22-0854500
    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.

    Value Estimations
    $3,750,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Stewart Law Office, LLC / Law Firm
    • Shannahan Law Firm / Law Firm
    • Pinnacle Bank / Atm / Bank
    • Jimmy Britt Builders / General Contractor

    Property Details for 1901 Spg St

    Year built
    2007
    Construction
    STEEL FRAME
    Lot size
    2.05 lot acres
    Zone code
    B3
    Property type
    Banks
    APN
    M0010-019
    APU
    M0010019

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 18, 2024 $3,750,000 B Wise Investment Corp Liberty First Bank Deed —
    Jan 22, 2024 — Pinehurst Home LLC Liberty 1st Bank Quit Claim Deed · related —
    Jun 30, 2011 $4,100,000 Liberty First Bk Liberty Investors LLC Warranty Deed —
    — — Liberty Investors LLC — Deed Of Trust · related $3M · National Bank Ga

    Description

    This exceptional 15,500-square-foot office building presents a unique investment opportunity in Monroe, Georgia. Situated on a 2.05-acre lot at the highly visible intersection of Highway 138 and West Spring Street, this two-story building offers excellent visibility and accessibility. Constructed in 2007, the property is zoned B-3 and features a single building. The first floor, approximately 7,750 square feet, is currently occupied by Pinnacle Bank under a proposed 10-year leaseback agreement. This provides immediate and stable income potential. The second floor, also 7,750 square feet, is available for lease, offering further revenue generation opportunities. The property benefits from a prime location surrounded by a thriving retail environment, including major retailers such as Walmart, Tractor Supply, and Home Depot, as well as popular restaurants like Chick-fil-A, Longhorn Steakhouse, and Applebee's. This strategic location ensures high traffic and visibility, making it an ideal investment for both immediate income and long-term growth. The property's size, location, and existing leaseback agreement make it a compelling investment opportunity in a rapidly growing market. This is a rare chance to acquire a well-situated, income-producing asset in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,390,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Walton
    State
    Georgia
    Longitude
    -83.7425
    Latitude
    33.7941
    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
    $38,849
    $385,720
    $725,440
    $1,111,160
    -
    $964,300
    $1,813,600
    $2,777,900
    More about this property
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