Commercial

240 Cherry Hill Road

Monroe, GA 30656

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Location

240 Cherry Hill Road, Monroe GA 30656

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List Price$495,000

TypeWarehouse

Lot3.68 Ac

Data last updated: October 5, 2026 at 4:01 PM EST

ACTIVE

FMLS #7828382

Listing Provided By The Homestore, LLC. · 770-554-1139

Description

Property Description

Excellent development opportunity in Monroe, Georgia. This approximately 3.7-acre property is zoned M-1 and offers strong road frontage, a desirable square-shaped lot, and favorable topography. The property is well suited for future development and provides a functional layout with good access and visibility. Currently located on the property is an active radio tower and transmitter building. Property Highlights: Approximately 3.7 acres, Zoned M-1, Excellent road frontage, Square-shaped lot, Good topography, Ready for development, Existing active radio tower and transmitter building, and Convenient Monroe location. A great opportunity for an owner-user, investor, or developer seeking industrial property in the growing Monroe area.

Listing facts

Structured MLS fields. Remark language is not verified.

Year built: 1985
Zoning: M1
Price / acre: $134,511
Days on market: 0
Road frontage: 400 ft
Owner pays: All Utilities
Taxes: $4,233
Tax year: 2025

Utilities & systems

As reported on the listing. Confirm service and capacity on site.

Cooling

Window Unit(s)

Market intelligence

MLS market activity. Not an appraisal. Individual comps are not listed.

Likely selling price$465,000Range $445,000–$495,000 · Last ask adjusted by how comparable properties have typically closed after similar time on market. -6.1% vs current ask.

Current ask$495,000

Market valueUnavailableNot enough highly similar local closed sales to quote a defensible market-value range.

Market signalNeutralLimited listing history so far. The estimate reflects observed market-clearing behavior, not an appraisal or property-specific value opinion.

Commercial Analysis

Key metrics and property characteristics

List Price$495,000

Lot Size3.68 Acres

Price / Acre$134,511

ZoningM1

Property SubtypeWarehouse

Year Built1985

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240 Cherry Hill Road

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Important Investment Information

Financial and property metrics are taken from the MLS listing when available. Cap rates or other calculated figures may be estimated. All figures are for screening only — verify with current financials and physical inspection.

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.

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