900 Barrows Ferry RdMilledgeville, GA 31061
- Healthcare properties
- 8,455 SF
Property Details for 900 Barrows Ferry Rd
- Year built
- 1960
- Construction
- STEEL FRAME
- Lot size
- 2.66 AC
- Property size (Sq ft)
- 8,455 SF
- Zone code
- RESIDENTIAL
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- M80 110
- APU
- M80110
Description
This Milledgeville, Georgia property offers 31,213 square feet of flexible industrial space across three buildings: an 8,455 sq ft office building, a 14,358 sq ft warehouse/service building, and an 8,400 sq ft warehouse. Situated on a 2.67-acre lot zoned SFR2, this complex boasts a convenient location minutes from downtown Milledgeville and the bustling North Columbia Street retail corridor. The asking price is $595,000, translating to $19.06 per square foot. Built in 1960, the property benefits from its proximity to key institutions like Atrium Health Navicent Baldwin, Georgia College State University, and Georgia Military College, as well as numerous businesses and retailers. An adjacent parcel is also available for purchase. A "no further action" letter is available upon request. This presents an exceptional opportunity for investors seeking a versatile commercial property with significant development potential in a thriving area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,816,675
- 6.5%
- $1,676,931
- 7%
- $1,557,150
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,649,232
- Geo Method
- $1,649,232
-
Alternative Use
- Use
- Valuation
- Residential
- $2,079,394
- Hospitality
- $1,904,714
- Educational
- $1,584,699
- Medical
- $1,639,200
- Retail
- $2,465,088
Location Insight
- City
- Milledgeville
- County
- Baldwin
- State
- Georgia
- Latitude
- 33.0944
- Longitude
- -83.2246
- CBSA code
- 33300
- CBSA name
- MILLEDGEVILLE, GA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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