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1000 Osborne St
Saint Marys, GA 31558
Former Paper Mill Site · Land For Sale · 720.00 AC

Property Facts

Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Hold For Development
  • Master Planned Community
  • Single Family Development
Total Lot Size 720.00 AC
Zoning PDD

Description

Former Gilman Paper Company (Durango Paper Mill) site consisting of approximately 660 gross acres for sale at public auction by order of the Trustee. Property was sold in 2004/05 for over $40M with a master planned residential concept but defaulted in the housing crash of 2007. Site is current zoned for industrial use and a residential development would be considered by the city. One of the largest waterfront lots for sale in the US now. This property is located in St. Marys, Georgia and consists of 721 acres of land situated on the North River, with approximately 4,000 feet of river front. The site is a 20 minute drive to Interstate Highway 95. In addition to offering very attractive land and scenery for residential development, it also has the features that made it suitable for paper manufacturing at the former Durango Georgia Paper Company mill site. The electric service to the site can accommodate a major manufacturing process, and the site is the beginning point for the St, Marys Short Line Railroad. The railroad is still in operation, and it connects about 20 miles east with a major railroad service. Also, the North River is sufficiently deep to accommodate barge traffic.

  • Listing ID: 13068888

  • Date on Market: 7/3/2018

  • Last Updated:

  • Address: 1000 Osborne St, Saint Marys, GA 31558

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