1000 Osborne Street, St Marys, GA 31558
Former Gilman Paper Co (Durango Mill closed 2002), this property is located in St. Marys, Georgia and consists of 720 acres of land situated on the North River, with approximately 4,000 feet of riverfront. The site is a 20 minute drive to Interstate Highway 95.
The site can accommodate either residential development or remain a major industrial location for a user seeking a site with major utility capacity, enormous fresh water rights, transportation (rail, freeway, and deep water ocean access), and proximity to Jacksonville Florida and Kings Bay Naval station workforce. In 2006, a residential developer closed on the site for $36.6M and gained city approvals for a master planned waterfront community of over 3,000 units.
Auction is by order of the Liquidation Trustee and scheduled for January 2019. Opening bid price is the reserve price. Three lot combinations are available. Bid deposit of $100,000 is required to bid. Call for details