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Property profile & analytics

355 Allen Memorial Dr Milledgeville, GA 31061

  • Grocery and convenience stores
  • 9,050 SF
  • 1.49 lot acres
Value Estimation
Last Sale
Jul 07, 2021
$880,000
Location Intelligence
Property ID
US22-2508268
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Family Dollar / Toy Store / Clothing Store

Property Details for 355 Allen Memorial Dr

Year built
1977
Construction
STEEL FRAME
Lot size
1.49 lot acres
Property size
9,050 SF
Zone code
RESIDENTIAL
Property type
Grocery and convenience stores
APN
M14 060
APU
M14060

Description

This exceptional 1.43-acre commercial land parcel presents a unique investment opportunity in Milledgeville, Georgia. Strategically located adjacent to a brand-new Family Dollar store, this property enjoys high visibility on a major thoroughfare leading into the city. Its convenient location is just 1.2 miles from Baldwin High School, ensuring a strong potential customer base. All essential public utilities are readily available, simplifying development plans. The property is zoned C-1 by the City of Milledgeville, allowing for a variety of commercial uses. This versatile offering provides flexibility with options for outright sale, ground lease, or build-to-suit arrangements to accommodate specific business needs. The parcel number is M14 060A. This prime location, coupled with the available utilities and flexible ownership options, makes this an ideal site for businesses seeking high visibility and convenient access to a thriving community. Don't miss this chance to secure a prominent position in a growing market. Contact us today to explore the possibilities and discuss your development vision for this exceptional property.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $855,000
  • CAP approach

    CAP return
    Estimation
    6%
    $900,000
    6.5%
    $885,000
    7%
    $1,020,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,010,000
    Geo Method
    $840,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $910,000
    Retail
    $840,000
    Mixed-Use
    $1,030,000
    Hospitality
    $935,000
    Educational
    $990,000
    Residential Income
    $865,000
    Energy
    $780,000
    Income-Based Land
    $1,005,000
    Food Service
    $880,000

Location Insight

  • Map
  • Local Demand
City
Milledgeville
County
Baldwin
State
Georgia
Longitude
-83.2394
Latitude
33.0552
CBSA code
33300
CBSA name
MILLEDGEVILLE, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,990
$29,900
$174,848
$204,748
-
$74,750
$437,120
$511,870
More about this property
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