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    355 Allen Memorial Dr Milledgeville, GA 31061

    Sponsored
    For Sale
    $99,000

    1.43 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.43-acre commercial land parcel, located at 355 Allen Memorial Drive in Milledgeville, Georgia (zip code 31061), presents a unique investment opportunity. Situated on a main thoroughfare leading into Milledgeville, this property enjoys high visibility and convenient access. Its strategic location is further enhanced by its proximity to a brand-new Family Dollar store, maximizing exposure to potential customers. The property is also within 1.2 miles of Baldwin High School, offering potential for businesses catering to the student and community population. Public utilities are readily available, simplifying development plans. The parcel is zoned C-1 by the City of Milledgeville, allowing for a variety of commercial uses. This versatile property offers flexibility with options for outright sale, ground lease, or build-to-suit arrangements. The parcel number is M14 060A. This prime location and diverse development possibilities make this an attractive investment for both short-term and long-term growth. Don't miss this chance to acquire a highly visible and strategically located commercial property in a growing area. The asking price is $99,000.

    Property Features for 355 Allen Memorial Dr

    General Information

    Property type
    Land
    Lot Size
    62,291 SF

    HighLights

    • High‑visibility location on main thoroughfare into Milledgeville.
    • Adjacent to a new Family Dollar store.
    • 1.2 miles from Baldwin High School.
    • All public utilities available.
    • Sale, ground lease, or build‑to‑suit options available.
    • Parcel number: M14 060A.
    Property Profile Location Intelligence

    Current Use by Public Records

    Family Dollar Toy Store

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Milledgeville
    County
    Baldwin
    State
    Georgia
    Longitude
    -83.238588474768
    Latitude
    33.05571361667

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    FAQs

    What type of property is this?
    Land - 1.43 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at 355 Allen Memorial Dr Milledgeville, GA.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: High-visibility location on main thoroughfare into Milledgeville.; Adjacent to a new Family Dollar store.; 1.2 miles from Baldwin High School.
    Request Owner's contact information
    355 Allen Memorial Dr 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
    355 Allen Memorial Dr Milledgeville, GA 31061
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