110 Cedar Ln Milledgeville, GA 31061
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.
-
Ace Mobile Marine Service, Inc. (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.