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Property profile & analytics
OFF-MARKET
Office Spaces

394 Broad St Milledgeville, GA 31062

3,000 SF 0.94 ac lot Built 1945
Property ID
US22-3054317
Property summary
AI-generated overview

This exceptional 3,000-square-foot medical office building presents a unique investment opportunity in Milledgeville, Georgia. Located at 394 Broad Street within the Renaissance Park Development, this property boasts a rich history, having been meticulously renovated in 2020 while retaining its original Craftsman-style charm. The building, constructed in 1945 and completely modernized in 2020, features two single-story structures situated on a 0.94-acre lot. The main building offers a thoughtfully designed layout including a welcoming lobby/reception area, a dedicated conference room, a convenient kitchen/breakroom, five private offices, and three restrooms. High ceilings and beautiful heart pine hardwood floors add to the building's character and appeal. Accessibility is ensured through ADA-compliant features. A separate storage building provides ample additional space. Security features include a monitored security system, video surveillance, and access control, ensuring peace of mind for occupants. Currently operating at 100% occupancy, this single-tenant property is zoned MU and offers a compelling return on investment at $105 per square foot, with an asking price of $315,000. The property's prime location and modern amenities make it an ideal investment for discerning buyers seeking a high-quality, fully renovated medical office building in a thriving community. The APN is 072001G3.

Property profile
Verified
Property type Office Spaces
Year built 1945
Total area 3,000 SF
Lot 0.94 ac (40,946 SF)
UPID US22-3054317
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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