Bought with Valentina Connelly • Madison Realty
$240,000
$250,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
1.08 Acres Lot
SOLD DATE : 03/29/2024
Key Details
Sold Price $240,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision 511 N Broad St
MLS Listing ID 10251169
Sold Date 03/29/24
Construction Status Resale
Year Built 2000
Annual Tax Amount $478
Tax Year 2013
Lot Size 1.080 Acres
Property Description
pportunity Zone Development Opportunity 1.07 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.) Seller has already obtained an Alta Survey, Conceptual Site Plan, 3D Perspective Drawings and GeoTechnical Report. Possible assemblage with 507 N Broad St. that is .63 acres. (GAMLS #20076068)
Location
State GA
County Walton
Zoning B3
Interior
Heating Other, None
Cooling None
Exterior
Parking Features Other
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Water Available
Building
Sewer None
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Estate Owned
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400 Galleria Pkwy SE, Atlanta, GA, 30339, United States