804 Winthrope AveMillen, GA 30442

Property Details for 804 Winthrope Ave

Year built

1999

Lot size

0.83 AC

Property size (Sq ft)

11,284 SF

Zone code

UNZONED URBAN

Property type

Retail properties

Property subtype

Outlet malls

APN

M09-020

APU

M09020

Description

This exceptional 11,284 square foot free-standing commercial building presents a rare opportunity in Millen, Georgia. Situated on a highly visible .83-acre lot at a signalized intersection, this property boasts multiple points of ingress and egress, ensuring convenient access for customers. Originally constructed in 1999 as a Rite Aid Pharmacy, the building includes a drive-thru, a valuable asset for various retail uses. Its strategic location along the Savannah River Parkway, between the Port of Savannah (79 miles) and Augusta, Georgia, provides excellent regional accessibility. Millen's thriving economy is further enhanced by its proximity to Magnolia Springs State Park, attracting over 150,000 campers/hikers and 1.5 million hunters annually. The property benefits from a strong tenant mix in the immediate vicinity, including Dollar General, Family Dollar, O'Reilly Auto Parts, McDonald's, Regions Bank, and Queensborough National Bank. Its location is also highly convenient, being just one block east of the Jenkins County Courthouse and one block west of the Jenkins County Hospital, ensuring high visibility and foot traffic. This property is priced at $1,850,000 and offers significant potential for a variety of commercial ventures. The building's size, location, and existing infrastructure make it an ideal investment for discerning buyers seeking a prominent presence in a growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,494,634

  6.5%

  $2,302,739

  7%

  $2,138,258

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,080,653

  Geo Method

  $2,341,110

• Alternative Use

  Use

  Valuation

  Residential

  $1,942,447

  Hospitality

  $1,779,271

  Educational

  $1,480,332

  Medical

  $1,531,243

  Retail

  $2,302,739

Location Insight

City

Millen

County

Jenkins

State

Georgia

Latitude

32.8034

Longitude

-81.9369

Property Tax & Assessments

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