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Property profile & analytics
FOR SALE
Retail space
127 S Wayne St, Milledgeville, GA 31061
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-3433514
For Sale
1 / 16
$3,250,000
127 S Wayne St, Milledgeville, GA 31061
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Total area
9,971 SF
Lot
0.1 ac (4,408 SF)
Zoning code
RESIDENTIAL
APN
M60 112
UPID
US22-3433514
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
-
Taglist Co. Information Bureau
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Arena Holdings LLC · 1 yrs held
Arena Holdings LLC
since 2024
Last sale
$430,000
7 recorded transactions
Zoning & alternative use
RESIDENTIAL · Milledgeville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milledgeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milledgeville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,864
Tax year 2023
Assessed value
$136,520
Assessed 2023
Previous assessed
$136,520
+0.0% YoY
Effective rate
3.56%
On assessed value
Assessed land
$21,840
Assessed improvement
$114,680
Land market value
$54,600
Improvement market value
$286,700
Total market value
$341,300
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1900
Heating
NONE
Stories
1
Total area
9,971 SF
Lot
0.1 ac (4,408 SF)
Zoning code
RESIDENTIAL
APN
M60 112
UPID
US22-3433514
Jurisdiction
BALDWIN
Zoning & alternative use
RESIDENTIAL · Milledgeville, GA
Zoning RESIDENTIAL · permitted uses
RESIDENTIAL · Milledgeville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milledgeville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Arena Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4045 S SMITHTOWN RD, SUWANEE, GA 30024-6403
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2025
—
Britt 3 Equities LLC
—
Deed
related
$100,000 · Century Bank And Trust
Dec 19, 2024
—
Ckjb Properties LLC
—
Deed
related
$1,450,000 · Century Bank And Trust
Aug 8, 2024
—
Arena Holdings LLC
C B Hodges
Quit Claim Deed
related
—
Aug 8, 2024
$430,000
Ckjb Properties LLC
Arena Holdings LLC
Warranty Deed
—
May 31, 2013
$81,000
Arch Value Fund I LLC
Testamentary /tr
Warranty Deed
—
May 31, 2013
—
Testamentary
Charles B Hodges
Warranty Deed
—
May 9, 2013
—
Arena Holdings LLC
Arch Value Fund I LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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