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Off market

Buy landat 507 N Broad ST, Monroe, GA 30655

$200,000

$0/mo

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Land

0 Sq. Ft. lot

195 Days on market

20076067 MLS ID

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About 507 N Broad ST land

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.
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.

Property details

Community features

None

Lock box type

None

Lot features

Level

City Lot

Sewer

Public Sewer

Utilities

Cable Available

Electricity Available

Natural Gas Available

Sewer Available

Phone Available

Water Available

Monthly cost

Estimated monthly cost

$1,301/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$188,000

+$6,000

$194,000

Seller agent commission$6,000 (3%)*

$0 (0%)

Buyer agent commission$6,000 (3%)*

$6,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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Unreal Estate checked: Apr 18, 2024 at 11:22 p.m.

Data updated: Sep 29, 2023 at 3:51 p.m.

Listing courtesy of {listing_office_email}
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2024 Georgia MLS. All Rights Reserved.

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