Property profile

517 Hl St Monroe, GA 30656

OFF-MARKET
Day care centers
Property ID
US22-2023613
2,500 SF 0.52 ac lot Built 1978
Individually Owned 19-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1978
Construction STEEL FRAME
Total area 2,500 SF
Lot 0.52 ac (22,651 SF)
Zoning code P
APN M0110-074
UPID US22-2023613

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center
  • Daycare Center
  • Adult Day Care

Location

517 Hl St Monroe, GA 30656-1507
Monroe metro Census 110400 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2007
2 recorded transactions
2007
$198,000
2007
$198,000

Zoning & alternative use

P · Monroe, GA
Zoning description

(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…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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