800 Spring StMonroe, GA 30655

Property Details for 800 Spring St

Year built

1971

Construction

STEEL FRAME

Lot size

0.67 AC

Property size (Sq ft)

4,032 SF

Zone code

B3

Property type

Office properties

Property subtype

Other office properties

APN

M0060-313

APU

M0060313

Description

This exceptional 0.941-acre land lease presents a unique opportunity for businesses seeking a prominent location in Monroe, Georgia. Situated on West Spring Street, one of the city's busiest thoroughfares, this property offers unparalleled visibility and accessibility. The property is zoned for retail, office, and land use, providing flexibility for a variety of commercial ventures. The single-tenancy nature of the lease ensures exclusive use and control. This prime location is further enhanced by its designation as an Opportunity Zone, potentially offering significant tax advantages for qualified investors. The lease terms are negotiable, allowing for customization to meet specific business needs. The property's address is 800 W Spring St, Monroe, GA 30655, conveniently located at latitude 33.794184 and longitude -83.7274345. This is an ideal opportunity to establish or expand your business in a thriving Georgia community with high foot traffic and excellent visibility. The property's versatility makes it suitable for a range of commercial uses, from traditional office spaces to medical offices, ensuring a wide appeal to potential tenants or owners. Don't miss this chance to secure a highly visible and strategically located property in a rapidly growing area. Contact us to discuss lease terms and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $707,597

  6.5%

  $653,166

  7%

  $606,511

• Comparable approach

  Method

  Valuation

  Relative Method

  $463,755

  Geo Method

  $463,755

• Alternative Use

  Use

  Valuation

  Residential

  $809,926

  Hospitality

  $741,888

  Educational

  $617,242

  Medical

  $638,470

  Retail

  $960,154

Location Insight

City

Monroe

County

Walton

State

Georgia

Latitude

33.7942

Longitude

-83.7275

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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