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Property profile & analytics
OFF-MARKET Estimated value $8,495,000
Hotels

2600 Columbia St Milledgeville, GA 31061-8763

43,282 SF 1.54 ac lot Built 2016
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US22-2935547
Property summary
AI-generated overview

This exceptional retail space, totaling 1,200 square feet, is situated within the thriving Merchant Central Shopping Center in Milledgeville, Georgia. Located at 2600 N Columbia St, zip code 31061, this Walmart-anchored shadow center benefits from the significant traffic and visibility generated by its anchor tenant. The entire shopping center encompasses 45,013 square feet and offers a strong tenant mix, providing essential services to the local community. This particular unit is immediately available and represents a unique opportunity for businesses seeking high foot traffic and a prime location. The property's strategic placement along Highway 441 ensures excellent exposure to a large customer base, with an estimated 2.3 million annual visits to the shopping center. The space is ideal for a variety of retail uses, healthcare services, or a restaurant, catering to the needs of the local residents. The minimum divisible space is 1,200 square feet, and the maximum contiguous space available is also 1,200 square feet. This presents a ready-to-occupy space with immediate potential for growth and success in a bustling retail environment. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 2016
Construction FRAME
Total area 43,282 SF
Lot 1.54 ac (67,257 SF)
Zoning code COMMERCIAL
APN 068 027
UPID US22-2935547
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lendmark Financial Services LLC Loan Service
  • Rent-A-Center Furniture & Home Goods Home Decor Store
  • KC Nails Nail Salon
  • Sally Beauty Cosmetic Store
  • Cato Fashions Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.91M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.50M
Owner & transaction history
Hck Hospitality LLC · 3 yrs held
Hck Hospitality LLC
since 2023
Last sale
$8.5M
7 recorded transactions
2024
Price N/A
2023
Price N/A
2023
$8.5M
2022
Price N/A
2020
Price N/A
2017
Price N/A
2017
Price N/A
Zoning & alternative use
COMMERCIAL · Milledgeville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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