2600 Columbia StMilledgeville, GA 31061

Property Details for 2600 Columbia St

Year built

2016

Construction

FRAME

Lot size

1.54 AC

Property size (Sq ft)

43,282 SF

Zone code

COMMERCIAL

Property type

Hotels

APN

068 027

APU

68027

Description

This exceptional retail space, totaling 1,200 square feet, is situated within the thriving Merchant Central Shopping Center in Milledgeville, Georgia. Located at 2600 N Columbia St, zip code 31061, this Walmart-anchored shadow center benefits from the significant traffic and visibility generated by its anchor tenant. The entire shopping center encompasses 45,013 square feet and offers a strong tenant mix, providing essential services to the local community. This particular unit is immediately available and represents a unique opportunity for businesses seeking high foot traffic and a prime location. The property's strategic placement along Highway 441 ensures excellent exposure to a large customer base, with an estimated 2.3 million annual visits to the shopping center. The space is ideal for a variety of retail uses, healthcare services, or a restaurant, catering to the needs of the local residents. The minimum divisible space is 1,200 square feet, and the maximum contiguous space available is also 1,200 square feet. This presents a ready-to-occupy space with immediate potential for growth and success in a bustling retail environment. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $10,562,957

  6.5%

  $9,750,422

  7%

  $9,053,963

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,840,080

  Geo Method

  $19,840,080

• Alternative Use

  Use

  Valuation

  Residential

  $10,644,628

  Hospitality

  $9,750,422

  Educational

  $8,112,236

  Medical

  $8,391,229

  Retail

  $12,619,034

Location Insight

City

Milledgeville

County

Baldwin

State

Georgia

Latitude

33.1195

Longitude

-83.2626

CBSA code

33300

CBSA name

MILLEDGEVILLE, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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