355 Allen Memorial DrMilledgeville, GA 31061

Property Details for 355 Allen Memorial Dr

Year built

1977

Construction

STEEL FRAME

Lot size

1.49 AC

Property size (Sq ft)

9,050 SF

Zone code

RESIDENTIAL

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

M14 060

APU

M14060

Description

This exceptional 1.43-acre commercial land parcel presents a unique investment opportunity in Milledgeville, Georgia. Strategically located adjacent to a brand-new Family Dollar store, this property enjoys high visibility on a major thoroughfare leading into the city. Its convenient location is just 1.2 miles from Baldwin High School, ensuring a strong potential customer base. All essential public utilities are readily available, simplifying development plans. The property is zoned C-1 by the City of Milledgeville, allowing for a variety of commercial uses. This versatile offering provides flexibility with options for outright sale, ground lease, or build-to-suit arrangements to accommodate specific business needs. The parcel number is M14 060A. This prime location, coupled with the available utilities and flexible ownership options, makes this an ideal site for businesses seeking high visibility and convenient access to a thriving community. Don't miss this chance to secure a prominent position in a growing market. Contact us today to explore the possibilities and discuss your development vision for this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $2,858,443

  6.5%

  $2,638,562

  7%

  $2,450,094

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,448,538

  Geo Method

  $4,448,538

• Alternative Use

  Use

  Valuation

  Residential

  $2,225,726

  Hospitality

  $2,038,753

  Educational

  $1,696,219

  Medical

  $1,754,554

  Retail

  $2,638,562

Location Insight

City

Milledgeville

County

Baldwin

State

Georgia

Latitude

33.0552

Longitude

-83.2394

CBSA code

33300

CBSA name

MILLEDGEVILLE, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].