Technical
Financial
Distress signals
Property profile

517 Madison Ave Monroe, GA 30655

FOR SALE
Auto shops
Property ID
US22-4012382
1,800 SF 0.42 ac lot Built 1997
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1997
Construction STEEL FRAME
Total area 1,800 SF
Lot 0.42 ac (18,295 SF)
Zoning code M1
APN M0170-106-B
UPID US22-4012382

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
  • Hardware & Home Improvement HVAC Service

Location

517 Madison Ave Monroe, GA 30655
Monroe metro Census 110301 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 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

M1 · Monroe, GA

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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