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    1599 Highway 280 Milan, GA 31060

    For Sale
    $2,500,000

    11.98-acre C-Class property, $2.5M

    Property size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Exceptional investment opportunity: a 4,800 sq ft commercial property situated on an expansive 11.98-acre lot in Milan, Georgia. This C-Class, owner-user investment features four buildings, all single-story structures built in 1991 and zoned C4. The main shop boasts impressive dimensions of 40 x 120 feet, equipped with six 14 x 14 roll-up doors at the rear and two more at the front, along with two entrance doors and a restroom. Additional space includes a 480 sq ft building with a restroom, two offices, and an open area; and a 320 sq ft building featuring a restroom, two offices, and a 12 x 16 open porch. The property is currently operating as a business, ready for immediate transfer, including inventory, land, buildings, and the established shop. The asking price is $2,500,000, translating to $520.83 per square foot. This is a rare opportunity to acquire a substantial commercial property with significant potential in a growing market. The property's size and versatile layout offer numerous possibilities for expansion or adaptation to suit various business needs. Don't miss this chance to own a piece of Milan's commercial landscape.

    Property Features for 1599 Highway 280

    General Information

    Property type
    Investment properties
    Square Feet
    4,800 SF
    Class
    C
    Lot Size
    521,849 SF

    Building Details

    Year Built
    1991
    Buildings
    4
    Stories
    1

    HighLights

    • $2,500,000 asking price for this owner‑user investment opportunity.
    • 4,800 square foot business for sale in a Class C building.
    • Located on an 11.98‑acre lot in Milan, Georgia, at 1599 Highway 280.
    • Features four buildings, all single‑story, built in 1991, with C4 zoning.
    • The property includes a main shop with multiple roll‑up doors and office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Clothing Store Kitchen & Bath Food Market Daycare Center Bakery Plumbing Service Diner

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

    Location Insight

    • Map
    • Local Demand
    City
    Milan
    County
    Telfair
    State
    Georgia
    Longitude
    -83.0404267
    Latitude
    32.0238768

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    FAQs

    What type of property is this?
    Investment property - 11.98-acre C-Class property, $2.5M
    Where is this investment property located?
    The property is located at 1599 Highway 280 Milan, GA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: $2,500,000 asking price for this owner-user investment opportunity.; 4,800 square foot business for sale in a Class C building.; Located on an 11.98-acre lot in Milan, Georgia, at 1599 Highway 280.
    Request Owner's contact information
    1599 Highway 280 Milan, GA 31060
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    Milan, GA 31060
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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
    1599 Highway 280 Milan, GA 31060
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