Retail Investment
For Sale
$1,615,000
4625 Mercer University Dr, Macon, GA 31210
For sale retail property with a reported 7.75% CAP on 9,180 square feet.
Property Size9,180 SF
Price / SF$175.93
Days on Market112
Property Features for 4625 Mercer University Dr
General Information
Standard status
Active
Size
9,180 SF
Property subtype
Retail - Street Retail
Additional Details
Cap Rate
7.75%
Building Details
Building Size
9,180 SF
Year Built
2015
Listing Agency:
Encore Real Estate Investment Services
Listed By:
Nick Yaldo · License #6501447447
(248) 970-2648
Source:
Commercialcafe
Added: Jun 17
Changed: Oct 4
Last Checked: Oct 5 at 3:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
This for-sale retail property offers a total building area of 9,180 square feet and is presented with a reported 7.75% CAP.
The asset is located at 4625 Mercer University Dr, Macon, GA 31210, and is being marketed as a retail investment opportunity with an asking price of $1,615,000.
The asset is located at 4625 Mercer University Dr, Macon, GA 31210, and is being marketed as a retail investment opportunity with an asking price of $1,615,000.
Key Highlights
- Retail property built in 2015
- Reported 7.75% CAP
- 9,180 sq ft retail space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,352
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,747,040
$1.7M
Cap Rate 7%
$1,247,886
$1.2M
Cap Rate 9%
$970,578
$970.6K
Market Conditions
NOI Build-Up for 9,180 SF
Gross rent
$132.2K $14.40/SF
− Vacancy
−$7.4K −$0.81/SF
EGI
$124.8K $13.59/SF
− OpEx
−$37.4K −$4.08/SF
NOI
$87.4K $9.52/SF
Area
Macon, GA
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,747,040
Cap Rate 7%
$1,247,886
Cap Rate 9%
$970,578
Alternative Uses
Best Use
Retail
$1.25M
$1.09M – $1.46M
NOI $87,352 @ 7.0% cap · market cap 5.41%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.76M
$1.54M – $2.05M
NOI $122,939 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
73k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 48%
Shops & Services 35%
Electronics 9%
Dining 8%
The Home Depot
Home Improvements & Furnishings
31,401 visits/mo
0.3 miles
BP
Shops & Services
6,472 visits/mo
0.5 miles
McAlister's Deli
Dining
6,084 visits/mo
0.4 miles
Verizon
Electronics
4,458 visits/mo
0.4 miles
Family Dollar
Shops & Services
4,106 visits/mo
0.1 miles
Demographics for 31210, GA
35,345
Population
15,768
Households
2.2
Avg Household Size
39
Median Age
48%
College-Educated
95%
High-School Grad
41.3 sq mi
ZIP Area
856
Density / Sq Mi
$82,158
Median Household Income
$44,231
Median Earnings
$1,260
Median Rent
$259,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - For sale retail property with a reported 7.75% CAP on 9,180 square feet.
Where is this retail space located?
The property is located at 4625 Mercer University Dr Macon, GA.
What is the asking price?
The asking price for this property is $1,615,000.
What are key features of this property?
This property features: Retail property built in 2015; Reported 7.75% CAP; 9,180 sq ft retail space
