811 Cobb StMilledgeville, GA 31061

Property Details for 811 Cobb St

Year built

1969

Construction

FRAME

Lot size

0.55 AC

Property size (Sq ft)

13,093 SF

Zone code

RESIDENTIAL

Property type

Healthcare properties

Property subtype

Medical offices

APN

M38 056

APU

M38056

Description

This 4,700 square foot medical office space, located at 810 N Cobb St in Milledgeville, Georgia, is currently available for lease. The single-story building, totaling 13,093 square feet, features two suites and is undergoing renovations. This particular space, formerly occupied by Medical Arts Pharmacy, offers a separate entrance and can be subdivided. Lease rates range from $12 to $15 per square foot. The property boasts ample on-site parking and is conveniently located near downtown Milledgeville, Georgia College & State University, Central Georgia Technical College, Georgia Military College, and the Milledgeville-Baldwin Industrial Park. Its OI zoning ensures versatile usage. All utilities are available. The building enjoys a prime location amongst established medical facilities, including Atrium Health Navicent Baldwin County, Oconee Pediatrics, Baldwin County Health Department, Oconee Valley Health Care, Baldwin Medical Center, and Georgia Medical Equipment Services. The property's APN is M38 056, and it's situated in Baldwin County, Georgia, zip code 31061. This exceptional opportunity presents a strong location for medical practices seeking a well-positioned and renovated space.

• CAP approach

  CAP return

  Valuation

  6%

  $2,813,214

  6.5%

  $2,596,813

  7%

  $2,411,326

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,553,920

  Geo Method

  $2,553,920

• Alternative Use

  Use

  Valuation

  Residential

  $3,220,048

  Hospitality

  $2,949,546

  Educational

  $2,453,988

  Medical

  $2,538,384

  Retail

  $3,817,315

Location Insight

City

Milledgeville

County

Baldwin

State

Georgia

Latitude

33.0883

Longitude

-83.2445

CBSA code

33300

CBSA name

MILLEDGEVILLE, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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