111 Elbert St, Milledgeville, GA 31061
For Sale
1 / 34
This exceptional 2,336 square foot commercial property, situated on a 0.25-acre lot at 111 Elbert Street in Milledgeville, Georgia, presents a unique investment opportunity. Its prime location offers unparalleled visibility, directly across from a Jet gas station and adjacent to Georgia Military College, ensuring consistent high traffic flow. The property's proximity to Georgia College and the Oconee River Greenway further enhances its appeal. The Greenway provides access to recreational amenities including fishing, paved trails, and a public boat ramp, attracting a diverse clientele. The building, previously used as a mechanic shop, boasts a flexible layout, easily adaptable to a variety of commercial uses, including retail, office space, or other service-oriented businesses. Its strategic positioning near a high-traffic intersection within Milledgeville city limits guarantees significant exposure to both local commuters and the substantial student population. This property offers a rare blend of high visibility, convenient access, and adaptability, making it an ideal investment for discerning entrepreneurs seeking a thriving commercial location. The property's versatility and prime location make it a compelling opportunity for significant return on investment. Don't miss this chance to secure a highly visible and adaptable commercial space in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RESIDENTIAL · Milledgeville, GAMilledgeville. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.