330 Walton St Milledgeville, GA 31061
This exceptional 8.11-acre commercial land parcel in Milledgeville, Georgia, presents a unique investment opportunity. Located in a Federal Opportunity Zone at 330 E Walton St, 31061, this property offers significant potential for diverse development. Previously the site of Carver High School and later Carver Elementary School, the buildings were demolished in 2013, leaving a clean slate for future projects. The permitted zoning, SFR-2, allows for a range of uses, including multi-family residential developments (apartments), commercial service companies, secure tractor-trailer parking facilities, or the creation of recreational spaces such as parks or ball fields. The property's size and location within Baldwin County, Georgia, make it an attractive proposition for developers seeking to capitalize on the benefits of the Opportunity Zone designation. The site's history and its potential for redevelopment offer a compelling combination for investors seeking a high-impact project with significant long-term growth prospects. The asking price is $349,000. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a substantial tract of land in a desirable location with significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.