Property profile

1599 Highway 280 Milan, GA 31060

OFF-MARKET
Commercial real estate
4,800 SF 11.98 ac lot Built 1991
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Year built 1991
Total area 4,800 SF
Lot 11.98 ac (521,849 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1599 Highway 280 Milan, GA 31060
Milan metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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