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Property Location

480 John Deere Road, Monroe GA 30656

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List Price $699,000

Units 1

Price / Unit $699,000

Est. Year 1 Cash Flow $-34,328 after debt service

480 John Deere Road Monroe, GA 30656

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

Prime 14+acre land parcel in Monroe, GA, a rare development opportunity with excellent visibility and direct access to main roadways. Perfectly positioned adjacent to a small subdivision, this property offers convenience, visibility, and ease of access for residential builders, investors, and developers alike. With a clean slate for your vision, bring your plans for custom homes, a subdivision expansion, or other residential projects in an area experiencing steady growth and strong community appeal. Monroe combines historic small-town charm with modern amenities, quality schools, thriving local businesses, and convenient commuting routes to larger cities including Atlanta and Athens. This is an exceptional opportunity to secure sizable land in a desirable market. Ready for your next project. ***Property is being sold with 0 Phillips Drive (13.17 acres).***

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

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

Price per Unit $699,000 Verified

 Est. Year 1 Cash Flow  $-34,328  after debt service (25% down / 7% / 30-yr)  Modeled   

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario.

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Enter your estimate

Annual Gross Potential Income Editable

Enter rent per unit or total GPI to model returns

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

46%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Monroe. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Inquire for Details.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

Inquire for Details

Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Other Monroe, GA multifamily properties currently available

Multifamily for sale: 122 Nowell Street, Monroe

2 Units

Review Further

$409,000

4.2% Cap -7.0% CoC est

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: 7719176 · Listing courtesy of EXP Realty, LLC., Franmicka Ford · 888-959-9461

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

FMLS · Updated Daily

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