1890 Columbia StMilledgeville, GA 31061

Property Details for 1890 Columbia St

Year built

1975

Lot size

0.56 AC

Property size (Sq ft)

12,168 SF

Zone code

RESIDENTIAL

Property type

Retail properties

Property subtype

Auto shops

APN

M53 014

APU

M53014

Description

This exceptional industrial property, located at 1890 N Columbia St in Milledgeville, Georgia, presents a compelling investment opportunity. The 12,168 square foot building boasts a versatile layout, combining an 8,204 square foot, four-bay shop with a 3,404 square foot warehouse. Constructed in 1975 and renovated in 1980, the property sits on a 0.56-acre lot and benefits from prominent 120' frontage and 196' depth along North Columbia Street. This high-traffic location within Milledgeville's main retail corridor ensures excellent visibility and convenient access to downtown. The property's Community Commercial zoning allows for a variety of uses. Surrounding businesses include major retailers such as Tractor Supply, PetSmart, Hobby Lobby, and Lowe's, further enhancing its desirability. All utilities are available. City taxes are $5,969 annually. This well-positioned property offers significant potential for growth and return on investment. The combination of its size, location, and existing infrastructure makes it an ideal choice for a variety of businesses seeking a prominent presence in a thriving commercial area. The property's strong tenant base and proximity to key amenities make it a highly attractive investment opportunity. Don't miss this chance to acquire a prime piece of Milledgeville real estate. The zip code is 31061. Baldwin County is the county location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,843,263

  6.5%

  $3,547,628

  7%

  $3,294,226

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,981,195

  Geo Method

  $5,981,195

• Alternative Use

  Use

  Valuation

  Residential

  $2,992,556

  Hospitality

  $2,741,166

  Educational

  $2,280,618

  Medical

  $2,359,052

  Retail

  $3,547,628

Location Insight

City

Milledgeville

County

Baldwin

State

Georgia

Latitude

33.105

Longitude

-83.2519

CBSA code

33300

CBSA name

MILLEDGEVILLE, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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