Technical
Financial
Distress signals
Property profile

521 S Madison Ave Monroe, GA 30655

FOR SALE
Auto shops
Property ID
US22-4003705
2,400 SF 0.21 ac lot Built 1997
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,400 square foot metal building presents a fantastic opportunity for a savvy investor or business owner. Strategically located in the heart of downtown Monroe, Georgia, this property boasts high visibility and excellent access to major thoroughfares. Currently configured as a thriving car repair garage, the building features four spacious bays, perfect for automotive work or adaptable to a variety of other uses. A dedicated office space provides ample room for administrative tasks and client interaction. The 0.21-acre lot offers convenient parking and potential for expansion. The building's metal construction ensures durability and low maintenance, making it a cost-effective investment. The asking price of $265,000 represents a compelling value for a property in such a desirable location with existing infrastructure. This turnkey operation is ready for immediate occupancy, offering a seamless transition for a new business or the opportunity to capitalize on the existing established clientele. Don't miss this chance to acquire a prime commercial property in a thriving downtown area. The property's strong location and versatile layout make it an ideal investment for a wide range of commercial ventures. Serious inquiries are encouraged.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1997
Construction STEEL FRAME
Total area 2,400 SF
Lot 0.21 ac (9,148 SF)
Zoning code M1
APN M0170-106-A
UPID US22-4003705

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
  • Car Dealership

Location

521 S 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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

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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