Monroe, GA 30655,507 N Broad ST
Monroe, GA 30655,507 N Broad ST
Monroe, GA 30655,507 N Broad ST
Monroe, GA 30655,507 N Broad ST
Monroe, GA 30655,507 N Broad ST
Monroe, GA 30655,507 N Broad ST
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Listed by Chad C. Draper • Keller Williams Rlty Atl. Part
Bought with Sarah Sturgill • Keller Williams Rlty Atl. Part

$167,000

$200,000

16.5%
Est.Price: ?

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Est. payment /mo

0.63 Acres Lot


SOLD DATE : 06/01/2023

Key Details

Sold Price $167,000

Property Type Vacant Land

Sub Type Residential Lot

Listing Status Sold

Purchase Type For Sale

Subdivision None

MLS Listing ID 20076067

Sold Date 06/01/23

HOA Y/N No

Annual Tax Amount $287

Tax Year 2020

Lot Size 0.630 Acres

Property Description

Possible assemblage with 511 N Broad St. that is 1.07 acres. (GAMLS # 20057296) Opportunity Zone Development Opportunity .63 acres located on the heavily traveled Broad Street corridor into Downtown Monroe. This is an area identified as an Opportunity Zone by the Department of Community Affairs which can provide substantial tax benefits to a project and developer that meets the project guidelines. The site lays very flat and has no trees which will aid in keeping clearing costs more affordable. The current zoning is B3 (Highway Business District.) The property contains an existing home that is usable as an office or possibly a residential rental. The home is usable but is in need of repair, no central HVAC etc. Buyer to do due diligence.

Location

State GA

County Walton

Exterior

Community Features None

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Phone Available, Water Available

Building

Sewer Public Sewer

Schools

Elementary Schools Monroe

Middle Schools Carver

High Schools Monroe Area

Others

Financing Conventional

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Georgia MLS (GAMLS)

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Kesha Kennedy

Broker | License ID: 303073

+1(678) 201-6582

240 Corporate Center Dr, Ste F, Stockbridge, GA, 30281, United States

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