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Property profile & analytics
OFF-MARKET
Estimated value
$1,885,000
Grocery and convenience stores
206 Roberson Ml NE Rd, Milledgeville, GA 31061-4932
Individually Owned
Absentee Owner
Free & Clear
Property ID
US22-2265715
Property summary
AI-generated overview
This exceptional two-acre commercial lot, located at 206 Roberson Mill Road in Milledgeville, Georgia (zip code 31061), presents a unique investment opportunity. Zoned C-C (Community Commercial), this property boasts high visibility and excellent traffic flow, making it perfect for a variety of commercial ventures. Its strategic location offers unparalleled convenience, with close proximity to Central Georgia Technical College, The Milledgeville/Baldwin County Industrial Park, Lowe's, The Milledgeville Mall, and Georgia College and State University. Numerous banks and restaurants are also within easy reach, ensuring a robust customer base. The property's size and zoning provide ample space for development, making it suitable for hotels, restaurants, retail establishments, or other commercial uses. Utilities are available, further enhancing its appeal to potential developers. This prime location, combined with its accessibility and high visibility, makes this property an exceptional investment opportunity in a thriving community. Don't miss this chance to secure a prominent location in a rapidly growing area.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1999
Construction
FRAME
Total area
8,473 SF
Lot
1.85 ac (80,542 SF)
Zoning code
RESIDENTIAL
APN
069 016
UPID
US22-2265715
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
-
Wing Master Restaurant
-
Marathon Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.89M
Owner & transaction history
Milledgeville 206 Roberson Mill Rd
Milledgeville 206 Roberson Mill Rd
since 2025
Last sale
$1.8M
6 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
Method
Estimation
Statistic approach
$2,025,000
ML approach
$1,935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±10% · vs last sale $1.79M (Dec 15 2021)
Last sale anchor
$1.79M
Dec 15 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$222 / SF
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
$8,971
Tax year 2023
Assessed value
$251,780
Assessed 2023
Previous assessed
$251,780
+0.0% YoY
Effective rate
3.56%
On assessed value
Assessed land
$56,980
Assessed improvement
$194,800
Land market value
$142,450
Improvement market value
$487,000
Total market value
$629,450
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1999
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
8,473 SF
Lot
1.85 ac (80,542 SF)
Zoning code
RESIDENTIAL
APN
069 016
UPID
US22-2265715
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
1999
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
1.85 ac
Current owner
From public records · entity-resolved
Milledgeville 206 Roberson Mill Rd
Individual
Free & Clear · 0 yrs held
Mailing address
4476 GLENWOOD RDB, DECATUR, GA 30032-5040
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2025
—
Milledgeville 206 Roberson Mill Rd
William B Jones
Quitclaim Deed
related
—
Sep 4, 2025
$3,600,000
William B Jones
Aqeel Hardware & Landscaping Supply
Warranty Deed
—
Dec 15, 2021
$1,790,000
Aqeel Hardware & Landscaping LLC
Laxmi Ganesh Corp
Limited Warranty Deed
—
Oct 25, 2012
—
Rita Amin
Dominy Oil INC
Warranty Deed
—
Oct 16, 2012
—
Rita Amin
Dominy Oil INC
Warranty Deed
—
Sep 12, 2008
$1,800,000
Rita Amin
J & D Resources INC
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.
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