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Property profile & analytics

517 Madison Ave Monroe, GA 30655-2779

  • Auto shops
  • 1,800 SF
  • 0.42 lot acres
OFF-MARKET
Last Sale
Apr 16, 2020
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US22-4012382
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

  • Loganville Heating & Air Co / Air Conditioning Contractor

Property Details for 517 Madison Ave

Year built
1997
Construction
STEEL FRAME
Lot size
0.42 lot acres
Property size
1,800 SF
Zone code
M1
Property type
Auto shops
APN
M0170-106-B
APU
M0170106B

Description

This exceptional commercial property in Monroe, Georgia, presents a rare investment opportunity. The offering encompasses two separate buildings totaling 4,200 square feet on a 0.42-acre lot, situated at 517 S Madison Avenue. The first building, a 1,800 square foot structure, is currently divided into two adjoining units. One unit, measuring 1,200 square feet, is presently utilized as an auto repair shop. The adjacent 600 square foot unit serves as storage space. The second building, a substantial 2,400 square foot structure, is currently vacant and available for immediate use as storage or adaptable to a variety of commercial applications. The property's location within Monroe offers excellent visibility and accessibility, making it ideal for a range of businesses. The combined square footage and versatile layout provide significant potential for expansion, diversification, or increased rental income. This property is a unique opportunity to acquire a well-positioned commercial asset in a thriving Georgia market. The existing tenants provide immediate income potential, while the vacant building offers significant upside for future development or leasing. This is a turnkey opportunity for an investor seeking a strong return on investment in a desirable location. The 0.42-acre lot provides ample space for potential expansion or outdoor operations.


Value Estimations

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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Monroe
County
Walton
State
Georgia
Longitude
-83.7078
Latitude
33.7883
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
$1,846
$12,440
$40,360
$52,800
-
$31,100
$100,900
$132,000
More about this property
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