111 Fieldstone DrMilledgeville, GA 31061

  • Healthcare properties
  • 76,582 SF
For Lease

Property Details for 111 Fieldstone Dr

Year built
1955
Construction
FRAME
Lot size
3.17 AC
Property size (Sq ft)
76,582 SF
Zone code
RESIDENTIAL
Property type
Healthcare properties
Property subtype
Medical offices
APN
M54 053
APU
M54053

Description

The Columbia Professional Center, a prominent Milledgeville, Georgia landmark, offers 100,000 square feet of versatile office and industrial space across a 3.17-acre lot. This two-story building, zoned commercial (APN: M54 053), boasts a diverse tenant mix including medical and professional services. Multiple suites are available for lease, ranging from 1,285 to 8,000 contiguous square feet, with a total of 14,657 square feet currently vacant. The property features ample shared parking and all utilities are readily available. Its strategic location in Milledgeville provides easy access to Downtown, Atrium Navicent Hospital, Central Georgia Technical College, the Milledgeville-Baldwin Industrial Park, and the Highway 441 retail corridor. The city's robust economy is fueled by Georgia College & State University and Georgia Military College, creating a strong demand for commercial space. This location offers the benefit of being just two hours from Atlanta. The Columbia Professional Center is the largest private office complex in Milledgeville, making it an ideal location for businesses seeking a prominent presence in a growing Central Georgia community. The property's diverse space options cater to a wide range of businesses, from medical practices to professional offices and warehousing needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $16,454,712
    6.5%
    $15,188,965
    7%
    $14,104,039
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,938,085
    Geo Method
    $14,938,085
  • Alternative Use

    Use
    Valuation
    Residential
    $18,834,316
    Hospitality
    $17,252,132
    Educational
    $14,353,572
    Medical
    $14,847,213
    Retail
    $22,327,778
111 Fieldstone Dr, Milledgeville, Georgia

Location Insight

City
Milledgeville
County
Baldwin
State
Georgia
Latitude
33.0986
Longitude
-83.2497
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
$25,125
$83,400
$947,584
$1,030,984
-
$208,500
$2,368,960
$2,577,460

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