517 S Madison Ave Monroe, GA 30655
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.
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Loganville Heating & Air Co Hardware & Home Improvement HVAC Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · Monroe, GAMonroe. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.