Property Location

1230 Good Hope Road, Monroe GA 30655

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List Price $2,187,031
Units 1
Price / Unit $2,187,031
Est. Year 1 Cash Flow $-123,427 after debt service
1230 Good Hope Road Monroe, GA 30655
FMLS IDX Data last updated: August 2, 2026 at 9:46 PM EST
ACTIVE
Property Description
POTENTIAL INDUSTRIAL OR COMMERCIAL. This listing consists of a (+/-) 39.44-acre tract of land located on the northwest corner of a 4-way intersection of Georgia Highway 83 (also known as Good Hope Road) and Unisia Drive. The recently constructed Monroe By-Pass connects into Unisia Drive along the subject site at the adjoining 4-way intersection which is controlled by a traffic signal. The recently constructed adjoining Monroe By-Pass provides an alternate route around the downtown historic district of the city of Monroe and connects Georgia Highway 11, Georgia Highway 83, and U.S. Highway 78. The site contains (+/-) 1,159-linear feet of frontage along the north side of Georgia Highway 83 (also known as Good Hope Road) and has (+/-) 1,583-linear feet frontage along the west side of Unisia Drive. The (+/-) 1,583-linear foot section of Unisia Drive connects the Monroe-Bypass at the adjoining 4-way intersection. The Walton County future use plan designates the area surrounding the Monroe-Bypass, including the property, as Employment Center. The future use plan designation of Employment Center includes industrial and commercial uses. The site is currently zoned for A-2, rural estate, and R-1, single-family residential, use. The property is on the south boundary of an existing industrial district that contains several major industrial employers including a Walmart distribution center, a Hitachi manufacturing facility, a Tucker Door & Trim manufacturing facility, a Novolex-Doro Bag manufacturing facility, and a commercial greenhouse facility. The Georgia Department of Transportation reports that the average daily traffic count along the section of Georgia Highway 83 (Good Hope Road) adjoining the property is 5,600 vehicles per day, and the average daily traffic count along the section of Unisia Drive adjacent to the property is 9,230 vehicles per day; the property has good visibility from all adjacent lanes of traffic. The property is located (+/-) 2.25 miles east of the historic central business district in the city of Monroe, (+/-) 41 miles east of downtown Atlanta, and (+/-) 21 miles southwest of Athens, Georgia. The site has easy access to U.S. Highway 78 via Unisia Drive which intersects U.S. Highway 78 (+/-) 1.1 miles north of the subject site (intersection controlled by a traffic signal). U.S. Highway 78 provides Walton County and the property with access to Atlanta and Athens, Georgia. The recently constructed Monroe By-Pass also provides the site with easy access to Georgia Highway 11. The property contains an older (+/-) 2,014-square-foot single-family dwelling unit, a detached garage with a second-level apartment, a utility building, and a barn. The property is shown by appointment only.
Investment Notes — Monroe
  • Located in the Monroe, GA area
  • Value-add opportunities typically exist through management, renovations, or operational improvements
  • Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
  • Actual cash flow depends on occupancy, expenses, financing, and current market conditions
Professional Investment Analysis

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $2,187,031 Verified
Est. Year 1 Cash Flow $-123,427 after debt service (25% down / 7% / 30-yr) Modeled
Confidence scores included Latest FMLS data Transparent modeling
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Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Important Investment Disclaimer
Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7807997 · Listing courtesy of Jackson Realty, TODD JACKSON · 770-267-7557

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com
FMLS · Updated Daily