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Property profile & analytics
OFF-MARKET
Commercial real estate

110 Cedar Ln Milledgeville, GA 31061

4,500 SF 5.2 ac lot
Property ID
US22-2176678
Property summary
AI-generated overview

This exceptional mixed-use property in Milledgeville, Georgia, presents a unique investment opportunity. Priced at $949,000, this 5.2-acre lakeside parcel includes a thriving marine service business with over 300 established customers averaging 30 service calls daily. The sale encompasses all buildings and equipment, offering immediate income potential. The property boasts a charming A-frame house, a three-bay mechanic's shop with a three-bedroom apartment above, multiple pole barns, and numerous boat storage bays. Extensive outdoor storage space is available across large fields. Recreational amenities include a private boat ramp, dock, boathouse with storage, and a sandy beach. The property's versatility allows for continued operation of the existing marine service business, or it could be repurposed for various rental income streams, leveraging the multiple structures and ample storage. Alternatively, it could serve as a unique family compound. The buyer is responsible for conducting due diligence regarding zoning regulations with Milledgeville/Baldwin County, business regulations, and any potential requirements from Georgia Power concerning a small leased strip by the water. The property totals 4,500 square feet, with a price per square foot of $210.89. This turnkey operation offers a compelling blend of established business, recreational amenities, and significant development potential.

Property profile
Verified
Property type Commercial real estate
Total area 4,500 SF
Lot 5.2 ac (226,512 SF)
UPID US22-2176678
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
  • Ace Mobile Marine Service, Inc. (Bike/Boat/Book/etc) Store
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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