Development • Marketing • Sales • Services
 

Monroe Spring St. | 7 Acre Commercial

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George Walton Academy Frontage:
6.78 acres with 900' frontage off Spring Street
This property has already been engineered to fit in a drive around market center with surrounding office space.

Future Market Center
List Price: $350K/acre

  •  mobile: 404-695-4995
  •  office  : 770-207-4995
Malcom & Malcom Realty Professionals
770-267-0092     
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Marketing Data

Census Data
City of Monroe - 2000 US Census: 16,737 2005 Estimation: 20,660

Growth Data
City of Monroe - NEGREDC - 2009 Estimate: 25,560 - 2020 Estimate: 38,040

Traffic Stats
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)
Liberty Bank
current appraisal – Vacant Tract 2.05  acre  $857,261 ($418K/acre)
Applebees
– purchased 8/2006 – Vacant Tract 1.51 acre  $700,000 ($464K/acre)
Bank of America – purchased 5/04 – Vacant Tract 1.3 acre $725,000($537K/acre)
Zaxby’s purchased 6/99 – Vacant Tract 0.97 acre  $390,000 ($390K/acre)

         *Source: http://www.waltoncountymaps.com  

 

More General Information:

Acreage: 6.783 acres, rectangular in shape. 
List Price: $350,000/acre

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.


Zoning: B-2.  General Commercial District.  A very broad zoning designation which allows most commercial uses.  For complete zoning information, use this link in your web browser:  http://www.monroega.com/MonroeZoningOrdinance.pdf

Surrounding Retailers & Services: 
Within 1/8 mile:
Applebees, Home Depot, Super Wal-Mart, Bank of America, the George Walton Academy, Chik-Fil-A, and lots of new office condo development. 
Within 1/2 mile: Sears, Aarons Rental Center, Tractor Supply, Blockbuster Video, and under construction - The Walton County Regional Medical Center
Within 1 mile: Historic Downtown Monroe, Great Oaks Apartment community, Big Lots, Dollar Tree, Beals, United Commercial Bank, Domino’s, Country Inn Motel, and dozens of other franchises.

 

Walton County Demographics

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  •  mobile: 404-695-4995
  •  office  : 770-207-4995

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