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    308 Mill Creek Dr Hull, GA 30646

    Sponsored
    For Sale
    $2,550,000

    6-Acre Campus, Versatile Buildings, High-Growth Area

    Property size:
    10,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property at 308 and 304 Mill Creek Drive in Hull, Georgia presents a unique investment opportunity. Situated on a substantial 6-acre lot, the property comprises two recently constructed warehouse/industrial buildings totaling over 10,000 square feet. Currently utilized as a church and event center, the buildings offer significant versatility. A recent appraisal validates the property's value, making it an attractive investment in a rapidly expanding region. The location benefits from its proximity to Athens, GA, and the University of Georgia, contributing to a robust and growing local economy. Madison County's growth rate exceeding 14% further underscores the property's potential. The expansive grounds provide ample room for future development or expansion, catering to a variety of uses. Potential uses include continuing its current function as a community center, conversion into a school or educational facility, or development into a storage solution with expansion capabilities. The property's strategic location offers convenient access to nearby businesses and amenities. The seller is open to a leaseback arrangement, presenting an additional avenue for acquisition. This property is well-suited for owner-occupants seeking SBA financing. This is a rare chance to acquire a property with substantial potential in a high-growth area.

    Property Features for 308 Mill Creek Dr

    General Information

    Property type
    Specialty properties
    Square Feet
    10,000 SF
    Lot Size
    261,360 SF

    Building Details

    Year Built
    2022
    Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Building Supply Auto Repair Shop Hair Salon Gym & Fitness Auto Parts Store Accounting Firm HVAC Service Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hull
    County
    Madison
    State
    Georgia
    Longitude
    -83.27142
    Latitude
    34.0208

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    FAQs

    What type of property is this?
    Specialty property - 6-Acre Campus, Versatile Buildings, High-Growth Area
    Where is this specialty property located?
    The property is located at 308 Mill Creek Dr Hull, GA.
    What is the asking price?
    The asking price for this property is $2,550,000.
    (888) 893-3537
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    308 Mill Creek Dr Hull, GA 30646
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