Property profile

2930 Heritage Pl Milledgeville, GA 31061

FOR LEASE
Office buildings
Property ID
US22-2994828
16,170 SF 0.79 ac lot Built 1982
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 14,540 square foot office building, situated on a one-acre lot in Milledgeville, Georgia, presents a unique investment opportunity. Ideally located off Highway 441 (N Columbia Street) and directly across from a Walmart, this property boasts high visibility and convenient access. The building, constructed in 1982, offers multiple tenancy options with a total of 9,298 square feet currently vacant. Individual suites range from a minimum of 99 square feet to a maximum contiguous space of 4,000 square feet, catering to a variety of business needs and sizes. The property's prime location and flexible space configurations make it an attractive prospect for businesses seeking a prominent presence in a thriving community. With its convenient access to major roadways and proximity to retail amenities, this office building offers unparalleled convenience and accessibility. The one-acre lot provides ample parking and potential for future expansion. This is an excellent chance to secure a well-positioned office space in a high-traffic area of Milledgeville. Contact us today to learn more about leasing opportunities. The property's address is 2930 Heritage Place, Milledgeville, GA 31061.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction STEEL FRAME
Total area 16,170 SF
Lot 0.79 ac (34,595 SF)
Zoning code RESIDENTIAL
APN M71 007
UPID US22-2994828

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Physician Medical Clinic
  • Employment Agency
  • Theater & Performing Art Venue Training Center
  • Hair Salon

Location

2930 Heritage Pl Milledgeville, GA 31061
Milledgeville metro Census 970302 MILLEDGEVILLE, GA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2021
Last sale
$350,000
1 recorded transaction
2021
$350,000

Zoning & alternative use

RESIDENTIAL · Milledgeville, GA

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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