2600 Columbia StMilledgeville, GA 31061

  • Hospitality properties
  • 43,282 SF
For Lease

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
Hospitality properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
2600 Columbia St, Milledgeville, Georgia

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

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
$47,008
$176,552
$1,142,784
$1,319,336
-
$441,380
$2,856,960
$3,298,340

FAQs

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