2600 Columbia StMilledgeville, GA 31061
- Hospitality properties
- 43,282 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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