260 Allen Memorial DrMilledgeville, GA 31061

  • Land
  • 13.30 AC
For Sale
$995,000 View listing

Property Details for 260 Allen Memorial Dr

Lot size
13.30 AC
Zone code
RESIDENTIAL
Property type
Land
Property subtype
Commercial land
APN
055 017
APU
55017

Description

This exceptional 13.3-acre commercial land parcel presents a remarkable investment opportunity in Milledgeville, Georgia. Strategically located on a signalized corner at the intersection of US Highway 441 and Allen Memorial Drive, this property boasts high visibility and accessibility. The open zoning allows for a wide range of commercial uses, including but not limited to truck stops, self-storage facilities, and industrial development. Partially graded at the corner, the land is ready for immediate development. Its proximity to Georgia College's West Campus (within 2 miles) provides access to a thriving student population, while the nearby Sibley-Smith Industrial Park (over 1,500 acres, currently in planning) promises future growth and increased property value. The property's location within Baldwin County limits adds further appeal. High traffic counts are also a significant advantage, with 9,910 vehicles per day on Highway 441 Bypass and 5,120 vehicles per day on Allen Memorial Drive. The asking price is $995,000, and the seller will consider dividing the parcel. This is an unparalleled chance to acquire a prime commercial site with significant development potential. The property's APN is 055 017. The address is 260 Allen Memorial Dr SW, Milledgeville, GA 31061.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $142,482,880
    Hospitality
    $130,513,544
    Educational
    $108,585,736
    Medical
    $112,320,168
    Retail
    $168,911,152
260 Allen Memorial Dr, Milledgeville, Georgia

Location Insight

City
Milledgeville
County
Baldwin
State
Georgia
Latitude
33.0536
Longitude
-83.2531
CBSA code
33300
CBSA name
MILLEDGEVILLE, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,803
$74,000
-
$74,000
-
$185,000
-
$185,000

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