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    Property profile & analytics

    405 Spg St Monroe, GA 30655-2371

    • Individual retail properties
    • 2,872 SF
    • 0.54 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 05, 2022
    Location Intelligence
    Property ID
    US22-1335247
    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

    • Sunshine Center Coin Laundry / Laundromat
    • Forever Young Esthetics / Waxing Hair Removal Service

    Property Details for 405 Spg St

    Year built
    1962
    Construction
    CONCRETE
    Lot size
    0.54 lot acres
    Property size
    2,872 SF
    Zone code
    B3
    Property type
    Individual retail properties
    APN
    M0140-135
    APU
    M0140135

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Walton
    State
    Georgia
    Longitude
    -83.7096
    Latitude
    33.7959
    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
    $1,605
    $26,240
    $19,680
    $45,920
    -
    $65,600
    $49,200
    $114,800

    Comparable in this City

    • Value Estimation
      $225,000
      1,760 SF

      106 Highland Ave

      BARBER, HAIR SALON • 1,760 SF
      106 Highland Ave, Monroe, GA 30655-2360
      View Details
    • Value Estimation
      $290,000
      1,500 SF

      610 Spg St

      LAUNDROMAT (SELF-SERVICE) • 1,500 SF
      610 Spg St, Monroe, GA 30655-2310
      View Details
    • Value Estimation by Request
      800 SF

      445 Broad St

      BARBER, HAIR SALON • 800 SF
      445 Broad St, Monroe, GA 30655
      View Details
    • Value Estimation
      $105,000
      1,800 SF

      120 Carver Dr

      BARBER, HAIR SALON • 1,800 SF
      120 Carver Dr, Monroe, GA 30655-1812
      View Details
    • Value Estimation by Request
      1,596 SF

      374 Spg St

      LAUNDROMAT (SELF-SERVICE) • 1,596 SF
      374 Spg St, Monroe, GA 30655-1916
      View Details
    • Value Estimation
      $385,000
      15,000 SF

      1310 Spg St

      RETAIL STORES (PERSONAL SERVICES) • 15,000 SF
      1310 Spg St, Monroe, GA 30655-1759
      View Details

    Similar Nearby for Sale

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      Monroe Retail Building For Sale

      Commercial building in Monroe, GA, with renovation potential.
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    • New
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      Historic Downtown Monroe Commercial Building

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    • $1,450,000

      Downtown Monroe Mixed-Use Building

      Renovated mixed-use building in downtown Monroe with multiple potential uses.
      110 N Broad St, Monroe, GA 30655
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    • $1,500,000

      Restaurant Building and Business For Sale

      Freestanding restaurant with business on high-traffic corridor in Monroe, Georgia.
      1102 W Spring St, Monroe, GA 30655
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    • $3,200,000
      7.36 Acres

      Monroe, GA Warehouse Portfolio

      Four-Building Warehouse Complex, $3.2M
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    Similar Nearby for Lease

    • $1,800 /Mo
      1,952 SF

      Monroe, GA Commercial Space

      Open warehouse space ready for tenant build-out.
      601 Madison Ave, Monroe, GA 30655
      View Details
    • $2,150 /Mo
      2,500 SF

      Versatile Commercial Space in Monroe

      Stylish commercial space ideal for various businesses near downtown.
      115 Ford St, Monroe, GA 30655
      View Details
    • $3,500 /Mo
      3,200 SF

      Versatile Commercial Building Near Downtown

      Two-story commercial building near downtown Monroe and Monroe Bypass.
      1304 S Broad St, Monroe, GA 30655
      View Details
    • $4,500 /Mo
      5,312 SF

      Downtown Monroe Retail/Restaurant Opportunity

      Prime retail or restaurant space in historic downtown Monroe.
      116 Broad St, Monroe, GA 30655
      View Details
    • $2,750 /Mo
      3,514 SF

      Monroe Retail Space For Rent

      Versatile commercial space near downtown and Monroe Bypass.
      1304 S Broad St, Monroe, GA 30655
      View Details
    • $25 SF/Yr
      1,500 SF

      Retail Space in Monroe, GA

      Corner retail space with drive-through in Walton County.
      1865 Highway 138, Monroe, GA 30655
      View Details
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    405 Spg St
    Monroe, GA 30655-2371
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    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
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