Corner Lot Medical Office
For Sale
$750,000
1601 Macon Rd, Perry, GA 31069
2,354 SF corner-lot building last used as medical office, formerly a credit union, with ample parking and strong visibility.
Property Size2,354 SF
Price / SF$318.61
Days on Market93
Property Features for 1601 Macon Rd
General Information
Standard status
Active
Size
2,354 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
1986
Listing Agency:
Landmark Realty
Listed By:
Wendy Ruzic · License #244948
(478) 396-8528
Source:
Harmonandharmon
Added: Jul 19
Changed: Oct 15
Last Checked: Oct 7 at 1:11PM
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 Landmark Realty
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Investment Insights
Based on property information with market context.
This versatile 2,354-square-foot commercial building sits on a large corner lot and is positioned for visibility with ample parking. Most recently utilized as a medical office and previously operated as a credit union, the property offers a flexible layout that can accommodate a range of professional, medical, financial, retail, or service-based uses.
Located in Perry, Georgia, the building is minutes from historic Downtown Perry and provides quick access to I-75 and Perry Parkway. It is also described as being moments from a future Kroger shopping complex, supporting continued commercial activity in the immediate area.
The owner will also consider leasing, providing additional flexibility for qualified tenants or operators looking to establish, expand, or relocate.
Located in Perry, Georgia, the building is minutes from historic Downtown Perry and provides quick access to I-75 and Perry Parkway. It is also described as being moments from a future Kroger shopping complex, supporting continued commercial activity in the immediate area.
The owner will also consider leasing, providing additional flexibility for qualified tenants or operators looking to establish, expand, or relocate.
Key Highlights
- 2,354 SF commercial building on a large corner lot
- Last used as a medical office; formerly operated as a credit union
- Flexible layout suitable for professional, medical, financial, retail, or service‑based businesses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,491
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,820
$589.8K
Cap Rate 7%
$421,300
$421.3K
Cap Rate 9%
$327,678
$327.7K
Market Conditions
NOI Build-Up for 2,354 SF
Gross rent
$46.0K $19.56/SF
− Vacancy
−$3.9K −$1.66/SF
EGI
$42.1K $17.90/SF
− OpEx
−$12.6K −$5.37/SF
NOI
$29.5K $12.53/SF
Area
Houston County, GA
Vacancy
8.50%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,820
Cap Rate 7%
$421,300
Cap Rate 9%
$327,678
Alternative Uses
Best Use
Retail
$421.3K
$368.6K – $491.5K
NOI $29,491 @ 7.0% cap · market cap 3.93%
Second Best
Healthcare Medical
$396.6K
$347.0K – $462.7K
NOI $27,760 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$508.1K
$444.6K – $592.8K
NOI $35,565 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
435
Businesses Nearby
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Business Placement
Demographics for 31069, GA
22,915
Population
9,389
Households
2.4
Avg Household Size
38
Median Age
28%
College-Educated
94%
High-School Grad
99.8 sq mi
ZIP Area
230
Density / Sq Mi
$75,526
Median Household Income
$48,601
Median Earnings
$997
Median Rent
$205,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - 2,354 SF corner-lot building last used as medical office, formerly a credit union, with ample parking and strong visibility.
Where is this office building located?
The property is located at 1601 Macon Rd Perry, GA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,354 SF commercial building on a large corner lot; Last used as a medical office; formerly operated as a credit union; Flexible layout suitable for professional, medical, financial, retail, or service‑based businesses
