1280 Gray Hwy, Macon, GA 31211
Retail space available with a 14.00% CAP rate.
- Added:
- Mar 10, 2026
- Days on Market:
- 111
- Last Refresh:
- Mar 19 at 10:24 pm
Property Features for 1280 Gray Hwy
General Information
- Standard status
- Active
- Size
- 14,828 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2002
Listing office Pharma Property Group
Listing date Mar 10, 2026
Source Crexi
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 Pharma Property Group
HighLights
- 14.00% CAP Rate
- 14,828 SqFt Retail Space
- Built in 2002
- Retail Property
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $213.5k | $14.40 |
| − Vacancy | −$12.0k | −$0.81 |
| EGI | $201.6k | $13.59 |
| − OpEx | −$60.5k | −$4.08 |
| NOI | $141.1k | $9.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.6155417
- Latitude
- 32.8592831
