Bought with Sarah Sturgill • Keller Williams Rlty Atl. Part
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507 N Broad ST Monroe, GA 30655
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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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