809 Broad St Monroe, GA 30656-1441
- Commercial real estate
- 432 SF
- 9.66 lot acres
Current Use by Public Records
- Goma Discount Tires / Used Tire Shop
- Jackson Inn Monroe / Bed & Breakfast
- U-Haul Neighborhood Dealer / Van Rental Agency / Trailer Rental Service
- Elite Vehicle Sales / Used Car Dealer
- JR Motors / Used Car Dealer
Property Details for 809 Broad St
- Year built
- 1992
- Construction
- WOOD
- Lot size
- 9.66 lot acres
- Property size
- 432 SF
- Zone code
- B3
- Property type
- Commercial real estate
- APN
- M0050-004
- APU
- M0050004
Description
This exceptional 9.66-acre commercial land parcel presents a remarkable investment opportunity in Monroe, Georgia. Located at 809 N Broad St, this property boasts a desirable B-3 zoning designation within the City of Monroe, offering a wide range of development possibilities. The land features level topography, simplifying construction and site preparation. Its strategic location provides convenient access to major transportation arteries, including Highway 78, Highway 38, and Highway 11, all within less than half a mile. All essential utilities are readily available in close proximity, streamlining the development process. Adding to its appeal, the property includes an existing building of approximately 432 square feet, which could be repurposed or removed to accommodate new construction. The asking price for this expansive and well-situated commercial land is $1,500,000. The property's address is 809 N Broad St, Monroe, GA 30656, situated in Walton County. This is an ideal location for businesses seeking high visibility and convenient access to a thriving community. The level terrain and existing utilities make this a truly turnkey opportunity for developers and investors alike. Don't miss this chance to acquire a significant commercial land holding in a rapidly growing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $530,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $470,000
- 6.5%
- $520,000
- 7%
- $525,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $530,000
- Geo Method
- $480,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $570,000
- Retail
- $545,000
- Mixed-Use
- $525,000
- Hospitality
- $500,000
- Educational
- $460,000
- Residential Income
- $595,000
- Energy
- $560,000
- Income-Based Land
- $515,000
- Food Service
- $450,000
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Walton
- State
- Georgia
- Longitude
- -83.7276
- Latitude
- 33.8093
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
