Mixed-Use Commercial Land | 248 Acres

2075 West Spring Street Monroe, GA 30655

2075 West Spring Street, Monroe, GA, 30655
2075 West Spring Street, Monroe, GA, 30655
FOR SALE
Property Type:
Other Land
Amount:
$24,800,000
Last Verified:
Jan 24, 2020

Highlights

  • $100,000/acre sale price for purchase of entire site, sales price adjusted for partial site acquisition
  • Prime 248-acre site well located in an Atlanta bedroom community
  • Highly-visible site with all utilities zoned for mixed-use including retail, industrial, medical office, multifamily, self storage & other uses
  • Great visibility and frontage on Hwy 78, Business 10 and Hwy 138
  • Portion of property contiguous to Piedmont Walton (located on 65 contiguous acres)
  • Well-suited for medical office, professional space and continuing care or assisted living facilities
  • Prime frontage (± 5,000') areas of property ideal for retail uses such as restaurants, fast food, clothing stores, big box and a grocery anchored shopping center
  • Subject property may be annexed into the city of Monroe for sewer availability

Description

Prime 248-acre site well-located in an Atlanta bedroom community approximately 45 minutes from Downtown. This is a highly-visible site zoned for mixed-use including retail, industrial, medical office, multifamily, self-storage & other uses.

The property has great visibility and frontage on three major thoroughfares; Hwy 78, Business 10 and Hwy 138. This fully-entitled property is well located in an area predicting tremendous demand for many types of retail, medical office and multifamily uses. Piedmont Walton, located on 65 contiguous acres in center of site, opened in 2016.

The portion of the property contiguous to Piedmont Walton is well suited for medical office, professional space and continuing care or assisted living facilities. The prime frontage areas of the property are ideal for retail uses such as restaurants, fast food, clothing stores, big box and a grocery anchored shopping center. Several parcels are prime for multifamily and other uses.

Located approximately 45 minutes from downtown. Highly visible site zoned for mixed-use. Great visibility and frontage on three major thoroughfares; Hwy 78, Business 10 and Hwy 138.

Lot Size: 248.0 acres

Map of 2075 West Spring Street, Monroe, GA, 30655

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.