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Improved Commercial Land for Sale in Albany, Georgia

1201 Schley Ave, Albany, GA 31707

$3,000,000
8.88 acres
Active sale
Est $16,474/mo

Located directly off Highway 82, Kings Inn presents a rare opportunity to acquire a large, well-positioned hospitality asset with significant upside and expansion potential. This offering includes two separate parcels totaling 8.88 acres, combining an operating motel with additional development-ready land in a highly desirable commercial corridor. Parcel 1 consists of the Kings Inn motel situated on 4.1 acres, featuring 119 units across five buildings. The property benefits from excellent highway visibility, strong accessibility, and close proximity to a wide range of surrounding amenities, including dining, retail, and major traffic generators. Zoned C-3, this parcel allows for a broad range of uses including hotels/motels, most residential types (excluding mobile homes), day care facilities, retail sales, retail storage, and eating/drinking establishments. Parcel 2 includes an additional 4.78 acres of wooded land, offering a blank slate for future development. Zoned M-1, this parcel supports a variety of commercial uses such as day cares, retail sales, retail storage, and eating/drinking establishments, making it ideal for complementary development or a standalone project. This combined offering provides multiple paths for investors, owner-operators, and developers-whether stabilizing and enhancing the existing motel operation, redeveloping portions of the site, or capitalizing on the flexible zoning and excess land for new construction. With strong frontage near Highway 82, favorable zoning, and expansion potential, Kings Inn represents a compelling investment opportunity in a growing and amenity-rich location.

6,384
Sq feet
1987
Built

Location

Street address
1201 Schley Ave
Community
Ind-Palmyra North
Elevation
217 feet
Coordinates
31.619, -84.1786

Property details

Acreage
8.88 acres
Zoning
C3-M1
MLS #
VMLS 147062
Posted

Property taxes

2024
$25,016 - LOT 19 ZONE C3

Parcels

  • 000MM/00004/001

Listing history

DateEventPriceChangeSource
Dec 16, 2025New listing$3,000,000VMLS
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This 8.88-acre property is located at 1201 Schley Ave in Albany, GA 31707. The property is available for sale for $3,000,000. It has a 6,384 sq ft structure built in 1987.

Listed by Dove Realty, (229) 740-6474

Checked 2 hours agoUpdated

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