Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    237 Washington St Monticello, GA 31064-1241

    • Retail space
    • 1,296 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $95,000
    Last Sale
    Mar 08, 2023
    $94,000
    Location Intelligence
    Property ID
    US22-1034194
    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.

    Current Use by Public Records

    • Rusted Roots Salon / Hair Salon / Beauty Salon
    • Plucko LLC / Portable Toilet Supplier
    • Rusted Roots Clothing Co / Boutique

    Property Details for 237 Washington St

    Year built
    1900
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.11 lot acres
    Property size
    1,296 SF
    Zone code
    RESIDENTIAL
    Property type
    Retail space
    APN
    M05A- -068
    APU
    M05A068

    Description

    This exceptional 1,300 sq ft commercial building, located on the prominent square of downtown Monticello, GA, presents a rare opportunity. Originally constructed in the 1880s and recently renovated, this free-standing structure seamlessly blends historic charm with modern conveniences. The building boasts meticulously preserved original architectural details, enhanced by updated electrical, plumbing, and HVAC systems, ensuring both comfort and efficiency. Ten private parking spaces are included, a significant advantage in a historic downtown setting. Its prime location on the bustling square offers high visibility and accessibility, making it ideal for a variety of businesses. The interior features gorgeous exposed beams, creating a unique architectural ambiance. The sale includes several pieces of furniture, a washer/dryer, and a complete point-of-sale system with cash drawer, making this a truly turnkey operation. The property sits on a 0.13-acre lot. This is a must-see property for entrepreneurs seeking a unique and well-equipped space in a vibrant downtown location. The asking price is $298,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $95,000

    • CAP approach

      CAP return
      Estimation
      6%
      $105,000
      6.5%
      $90,000
      7%
      $90,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $105,000
      Geo Method
      $110,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $95,000
      Retail
      $85,000
      Mixed-Use
      $100,000
      Hospitality
      $90,000
      Educational
      $80,000
      Residential Income
      $90,000
      Energy
      $105,000
      Income-Based Land
      $80,000
      Food Service
      $80,000

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Jasper
    State
    Georgia
    Longitude
    -83.6854
    Latitude
    33.3041
    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
    $630
    $3,480
    $17,920
    $21,400
    -
    $8,700
    $44,800
    $53,500

    Comparable in this City

    • Value Estimation by Request
      3,080 SF

      359 Forsyth St

      RETAIL STORES (PERSONAL SERVICES) • 3,080 SF
      359 Forsyth St, Monticello, GA 31064-1211
      View Details
    • Value Estimation by Request
      1,164 SF

      111 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 1,164 SF
      111 Washington St, Monticello, GA 31064-1239
      View Details
    • Value Estimation
      $175,000
      2,736 SF

      226 Short St

      RETAIL STORES (PERSONAL SERVICES) • 2,736 SF
      226 Short St, Monticello, GA 31064-1338
      View Details
    • Value Estimation
      $200,000
      2,211 SF

      210 Forsyth St

      RETAIL STORES (PERSONAL SERVICES) • 2,211 SF
      210 Forsyth St, Monticello, GA 31064-1210
      View Details
    • Value Estimation
      $150,000
      5,368 SF

      108 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 5,368 SF
      108 Washington St, Monticello, GA 31064-1016
      View Details
    • Value Estimation by Request
      625 SF

      845 College St

      RETAIL STORES (PERSONAL SERVICES) • 625 SF
      845 College St, Monticello, GA 31064-1257
      View Details

    Similar Nearby for Sale

    • $249,000
      748 SF

      Downtown Monticello Commercial Opportunity

      Turnkey commercial space in downtown Monticello, suitable for various businesses.
      122 Northeast St E, Monticello, GA 31064
      View Details
    • $1,595,000
      8,470 SF

      Monticello CVS Pharmacy Investment

      High-Yield CVS Pharmacy, Georgia
      330 Greene St, Monticello, GA 31064
      View Details
    • New
      $4,300,000
      6,833 SF

      Successful Marina on Jackson Lake

      Income-producing marina with restaurant, hotel, RV slips, and more.
      8726 Jackson Lake Rd, Monticello, GA 31064
      View Details
    • $315,000
      1,200 SF

      Turnkey Restaurant Opportunity in Monticello

      Established restaurant space with full kitchen in Monticello's Central Business District.
      107 W Washington St, Monticello, GA 31064
      View Details
    • $68,000

      Residential Lot in Monticello, GA

      6.05 acre residential lot perfect for building a home.
      18 Shady Farms Rd, Monticello, GA 31064
      View Details
    • Contact for pricing
      0.12 Acres

      Land in Growing Monticello Area

      Land near Jackson Lake with optional HOA and community dock.
      Waters St, Monticello, GA 31064
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    237 Washington St
    Monticello, GA 31064-1241
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.