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Property profile & analytics
FOR SALE
Office buildings
223 S Madison Ave Monroe, GA 30655
Entity Owned
2-yr Hold
Property ID
US22-1600898
For Sale
1 / 22
$314,900
223 S Madison Ave, Monroe, GA 30655
View Listing →
Property summary
AI-generated overview
*MOTIVATED SELLER! BRING ALL OFFERS. Attention Small Business Owners! Been looking to relocate to Downtown Monroe? This is your chance! Make this 1930's historic home your new company headquarters! This commercial property is just waiting for someone to give it some TLC and make it their own. There are so many perks to this location, as it is walkable to everything that Downtown Monroe has to offer: dining, retail, and even multiple private gyms & a spa are located just steps from the front door: Cultivate Spa, J+J Pilates, & more! Entertain friends & clients during Friday Night Concerts on the new Town Green this summer from the sprawling front porch of your office! Parking lot offers handicap ramp access to back entrance as well as off-street parking. Enjoy the convenience of city utilities being included all on one bill each month: power, water, sewer, trash, internet, & phone. This is a rare find, as seldom do stand-alone buildings become available in Downtown! Located just next door to the Monroe US Post Office.
Property profile
Verified
Property type
Office buildings
UPID
US22-1600898
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
-
Halloway Ronda CPA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pinehurst Homes LLC · 2 yrs held
Pinehurst Homes LLC
since 2024
3 recorded transactions
Zoning & alternative use
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
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
Office buildings
Status
For Sale
UPID
US22-1600898
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Current owner
From public records · entity-resolved
Pinehurst Homes LLC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2024
—
Pinehurst Homes LLC
—
Deed
related
$240,000 · Bank Of Madison County
Apr 11, 2024
$300,000
Pinehurst Homes LLC
Julia S Thames
Warranty Deed
—
Dec 6, 2023
—
William Lee Smith
Myra Clark Smith
Warranty 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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