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Property profile & analytics
FOR SALE
Auto shops

517 S Madison Ave Monroe, GA 30655

1,800 SF 0.42 ac lot Built 1997
Entity Owned 4-yr Hold Free & Clear
Property ID
US22-4012382
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Loganville Heating & Air Co Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
SHEA WILLIAM & SHEA CLAUDETTE TR · 6 yrs held
SHEA WILLIAM & SHEA CLAUDETTE TR
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
M1 · Monroe, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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