Log In/Sign Up
Your email has been sent.
Rivers Lane, Off Laboratory Rd 13,000 SF Sports & Entertainment Building Offered at $79,900 in Milledgeville, GA 31061
Investment Highlights
- Includes a ±13,000 SF building with an existing basketball court and office space on ±4 acres.
- Convenient access to downtown Milledgeville, Vinson Highway, and the Fall Line Freeway.
- Positioned within a Federal Opportunity Zone, offering potential tax incentives.
- Located in Renaissance Park, part of the former Central State Hospital mixed-use campus.
- All major utilities are available at the site with level topography for ease of development.
- Surroundings include Georgia College & State University, Georgia Military College, and state offices.
Executive Summary
Located within Renaissance Park, the former Central State Hospital campus, this ±13,000 SF building on approximately 4 acres presents an affordable repositioning or redevelopment opportunity in Milledgeville, GA. Historically utilized as a gymnasium with an integrated basketball court and offices, the property offers a layout suitable for athletic, fitness, or community programming uses. Zoning for Office Institutional further accommodates diverse applications ranging from educational or non-profit operations to adaptive reuse strategies.
The site is level and equipped with available utilities, simplifying the development process. Positioned just off Laboratory Road at Rivers Lane, the property benefits from direct access to Vinson Highway and Fall Line Freeway, ensuring connectivity throughout Baldwin County and beyond. Surrounded by established institutions such as the Georgia Department of Veterans Affairs, multiple state and educational facilities, and local service businesses, this tract is well-situated within an evolving mixed-use district actively undergoing revitalization. Additionally, the property lies within a federally designated Opportunity Zone, introducing potential tax advantages for qualified investors.
The site is level and equipped with available utilities, simplifying the development process. Positioned just off Laboratory Road at Rivers Lane, the property benefits from direct access to Vinson Highway and Fall Line Freeway, ensuring connectivity throughout Baldwin County and beyond. Surrounded by established institutions such as the Georgia Department of Veterans Affairs, multiple state and educational facilities, and local service businesses, this tract is well-situated within an evolving mixed-use district actively undergoing revitalization. Additionally, the property lies within a federally designated Opportunity Zone, introducing potential tax advantages for qualified investors.
Property Facts
| Price | $79,900 | Lot Size | 4.00 AC |
| Price Per SF | $6.15 | Building Size | 13,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Sports & Entertainment | Year Built | 1970 |
| Property Subtype | Sports & Entertainment | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | OI - Office Institutional | ||
| Price | $79,900 |
| Price Per SF | $6.15 |
| Sale Type | Investment or Owner User |
| Property Type | Sports & Entertainment |
| Property Subtype | Sports & Entertainment |
| Building Class | C |
| Lot Size | 4.00 AC |
| Building Size | 13,000 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Opportunity Zone |
Yes |
| Zoning | OI - Office Institutional |
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 072-001X | Improvements Assessment | $2,643,508 |
| Land Assessment | $32,244 | Total Assessment | $2,675,752 |
Property Taxes
Parcel Number
072-001X
Land Assessment
$32,244
Improvements Assessment
$2,643,508
Total Assessment
$2,675,752
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Rivers Lane, Off Laboratory Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.