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    501 E Hancock St Milledgeville, GA 31061

    For Lease
    $10 SF/Yr ($1,083 /Mo)

    Office space and adjacent land available for lease.

    Property size:
    1,300 SF
    Lot size:
    3.61 Acres

    Property Features for 501 E Hancock St

    General Information

    Size
    1,300 SF
    Lot size
    3.61 Acres

    Source: Fickling & Co. Commercial Agent Patricia Burns

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Office and Land Opportunity

    The property features a 1,300 square foot office space suitable for professional office, service, or retail use. A separate driveway provides access to the lower level, located on the side of the building. Adjacent to the office building is a large, cleared grassy area that is also available for lease. This lot is suitable for various uses, including a construction laydown yard, event venue, RV parking, or equipment sales or rental for river watersports equipment, given its proximity to the Oconee River Greenway. The building formerly served as a business office and payment center.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Milledgeville
    County
    Baldwin
    State
    Georgia
    Longitude
    -83.234816
    Latitude
    33.07974

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    FAQs

    What type of property is this?
    Retail space - Office space and adjacent land available for lease.
    Where is this retail space located?
    The property is located at 501 E Hancock St Milledgeville, GA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - 1,300 SF office space suitable for professional office, service, or retail.; - Adjacent lot suitable for construction laydown yard, event venue, RV parking, or equipment sales/rental.; - Excellent proximity to the Oconee River Greenway.
    (478) 803-4120
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    501 E Hancock St Milledgeville, GA 31061
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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
    501 E Hancock St Milledgeville, GA 31061
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