5600 Milgen RdColumbus, GA 31907

  • Other commercial real estate
  • 39,137 SF
For Lease
$20/SF/YR View listing

Property Details for 5600 Milgen Rd

Year built
1988
Construction
STEEL FRAME
Lot size
13.14 AC
Property size (Sq ft)
39,137 SF
Property type
Other commercial real estate
APN
099 022 001
APU
99022001

Description

Manchester Square, located at 5600 Milgen Rd, Columbus, GA 31907, presents a unique investment opportunity. This two-building complex, totaling 174,459 square feet, offers a blend of traditional and creative office spaces within a thriving retail environment. Built in 1988, the property sits on 22.02 acres of land and boasts 17 individual suites, with 1,500 square feet currently available for lease. The property benefits from its strategic location, providing excellent access via Manchester Expressway and benefiting from high traffic counts. The property is anchored by a Food Depot and includes other notable tenants such as Ollie's, O'Reilly's, and Planet Fitness, ensuring a vibrant and established commercial presence. The property's multiple tenancy structure provides flexibility and diverse income streams. The available 1,500 square feet presents an ideal opportunity for businesses seeking a well-located space within a bustling commercial center. The property's size, tenant mix, and prime location make it an attractive option for both established businesses and new ventures seeking a strong foothold in the Columbus market. The cross street is Milgen Road, offering convenient access and visibility. This is a rare opportunity to acquire a significant commercial property in a high-traffic area of Columbus, Georgia.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,697,886
    Hospitality
    $5,219,232
    Educational
    $4,342,340
    Medical
    $4,491,680
    Retail
    $6,754,752
5600 Milgen Rd, Columbus, Georgia

Location Insight

City
Columbus
County
Muscogee
State
Georgia
Latitude
32.5205
Longitude
-84.8897
CBSA code
17980
CBSA name
COLUMBUS, GA-AL METROPOLITAN 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
$135,203
$1,276,484
$2,155,839
$3,432,323
-
$3,191,210
$5,389,598
$8,580,808

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