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Property profile & analytics

701 Wayne St Milledgeville, GA 31061-2887

  • Office buildings
  • 3,064 SF
  • 0.24 lot acres
OFF-MARKET
Last Sale
Dec 06, 2024
$240,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US22-3493590
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Johnson Heating & Cooling Inc / Hardware & Home Improvement / HVAC Service
  • Ladye's Barber Shop / Barber Shop
  • Reflexions Hair / Hair Salon / Nail Salon

Property Details for 701 Wayne St

Year built
1994
Construction
WOOD
Lot size
0.24 lot acres
Property size
3,064 SF
Zone code
RESIDENTIAL
Property type
Office buildings
APN
M80 085
APU
M80085

Description

This exceptional investment opportunity presents a 3,065 square foot multi-tenant retail and office complex located at 701 N Wayne St, Milledgeville, Georgia 31061. The property, built in 1994, sits on a 0.25-acre fenced lot and comprises three separate units within a single, one-story building. Currently, one unit is leased to a hair salon, while two units are vacant, offering immediate income potential and flexibility for future tenants. The vacant units present diverse possibilities, with one featuring a drive-in door, ideal for a service-based business such as an auto shop, contractor, or mechanic. The other vacant unit is suitable for retail or office use. This property benefits from its prime location, approximately 0.7 miles from Highway 441, Milledgeville's main retail corridor. Its proximity to Atrium Health Navicent Baldwin, Georgia College State University, and Georgia Military College ensures high visibility and accessibility. Nearby businesses include Beckham's Used Cars, Kinetic Connection, Giles Properties, and Fowler Flemister Concrete. The property is zoned Community Commercial, offering a variety of permitted uses. The asking price for this well-positioned, multi-tenant property is $200,000. This represents a strong investment opportunity with the potential for significant rental income from the vacant spaces.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Milledgeville
County
Baldwin
State
Georgia
Longitude
-83.2291
Latitude
33.0899
CBSA code
33300
CBSA name
MILLEDGEVILLE, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,710
$7,000
$69,060
$76,060
-
$17,500
$172,650
$190,150
More about this property
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