Monroe Spring St. | 7 Acre Commercial
George Walton Academy Frontage:
|List Price: $350K/acre
City of Monroe - 2000 US Census: 16,737 2005 Estimation: 20,660
City of Monroe - NEGREDC - 2009 Estimate: 25,560 - 2020 Estimate: 38,040
Spring Street, Monroe, GA - Annual Avg. Daily Traffic Count: 2006 AADTC: 16,680
Census & Growth Source: U.S. Census of Population, 2000. NEGRDC, 2003.
Market Comparables: Recent Purchases and Tax Appraisals within 1/2 mile
United Bank – purchased 5/2006 – Vacant Tract 1.35 acre $650,000 ($481K/acre)
More General Information:
Site: Prime development land with a slight gentle slope up from the road. It’s perfectly situated between the mega Walmart/Home Depot shopping district and Historic Downtown Monroe. Located about 1/2 mile from the Highway 78 exits, and just 500 yards from the Super Wal-Mart Center and Home Depot. Commercial parcels of this size in Monroe or the surrounding towns right in the vortex of the building boom are exceedingly rare. It features 900’ frontage W. Spring St., excellent visibility and heavy traffic counts.
Access: Superb. One full length of the parcel is on West Spring Street, with another 900’ frontage next to George Walton Academy.
Surrounding Retailers & Services: