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Property profile & analytics
OFF-MARKET Estimated value $790,000
Outlet malls

804 Winthrope Ave Millen, GA 30442-1838

11,284 SF 0.83 ac lot Built 1999
Entity Owned 10-yr Hold Free & Clear
Property ID
US22-3215168
Property summary
AI-generated overview

This exceptional 11,284 square foot free-standing commercial building presents a rare opportunity in Millen, Georgia. Situated on a highly visible .83-acre lot at a signalized intersection, this property boasts multiple points of ingress and egress, ensuring convenient access for customers. Originally constructed in 1999 as a Rite Aid Pharmacy, the building includes a drive-thru, a valuable asset for various retail uses. Its strategic location along the Savannah River Parkway, between the Port of Savannah (79 miles) and Augusta, Georgia, provides excellent regional accessibility. Millen's thriving economy is further enhanced by its proximity to Magnolia Springs State Park, attracting over 150,000 campers/hikers and 1.5 million hunters annually. The property benefits from a strong tenant mix in the immediate vicinity, including Dollar General, Family Dollar, O'Reilly Auto Parts, McDonald's, Regions Bank, and Queensborough National Bank. Its location is also highly convenient, being just one block east of the Jenkins County Courthouse and one block west of the Jenkins County Hospital, ensuring high visibility and foot traffic. This property is priced at $1,850,000 and offers significant potential for a variety of commercial ventures. The building's size, location, and existing infrastructure make it an ideal investment for discerning buyers seeking a prominent presence in a growing market.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1999
Total area 11,284 SF
Lot 0.83 ac (36,155 SF)
Zoning code UNZONED URBAN
APN M09-020
UPID US22-3215168
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$790k
Owner & transaction history
Ht Palms Rentals Of Malibu LLC · 10 yrs held
Ht Palms Rentals Of Malibu LLC
since 2015
2 recorded transactions
2015
$2.4M
2006
Price N/A
Zoning & alternative use
UNZONED URBAN · Millen, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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