Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Grocery and convenience stores

    355 Allen Memorial Dr, Milledgeville, GA 31061

    9,050 SF 1.49 ac lot Built 1977
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US22-2508268
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 1977
    Construction STEEL FRAME
    Total area 9,050 SF
    Lot 1.49 ac (64,904 SF)
    Zoning code RESIDENTIAL
    APN M14 060
    UPID US22-2508268
    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
    • Family Dollar (Bike/Boat/Book/etc) Store Arcade & Gaming Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $895k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $788k
    Blend (final) Blend
    $875k
    Owner & transaction history
    355 Amd LLC · 5 yrs held
    355 Amd LLC
    since 2021
    Last sale
    $880,000
    3 recorded transactions
    2021
    2021
    $880,000
    2018
    $219,000
    Zoning & alternative use
    RESIDENTIAL · Milledgeville, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message