Property summary
A 2,500 sq ft commercial building located less than 2 miles from Downtown Monroe. The property was historically used for child daycare for over 30 years and includes three bathrooms and a small kitchen area at the rear of the building. It has a replaced roof (2018) and had HVAC and plumbing systems redone (2017). A fenced side yard is located on the lot, and the paved parking area provides 16 parking spaces. The building is zoned for commercial use and is configured to support a range of uses such as office, warehouse, church, medical/doktors office, or a convenience store.
Property profile
VerifiedCap rate & NOI
Current use
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Daycare Center
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Daycare Center
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Adult Day Care
Location
Value estimations
Owner & transaction history
Zoning & alternative use
(1) Professional / Office/Institutional District (P). To provide for areas where certain professional, office, and service commercial uses can coexist with compatible residential uses without the threat of encroachment o…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
P · Monroe, GA(1) Professional / Office/Institutional District (P). To provide for areas where certain professional, office, and service commercial uses can coexist with compatible residential uses without the threat of encroachment o…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
(1) Professional / Office/Institutional District (P). To provide for areas where certain professional, office, and service commercial uses can coexist with compatible residential uses without the threat of encroachment o…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for P in Monroe, GA.
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