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Medical Office Building
For Sale
$750,000

1601 Macon Rd, Perry, GA 31069

COMMERCIAL, Perry, GA

Property Size2,354 SF
Lot Size0.92 Acres
Price / SF$318.61
Days on Market93

Property Features for 1601 Macon Rd

General Information

Property type Commercial Sale
Property subtype Other
Zoning C2
Subdivision Perry & South Houston Co.
Standard status Active
Size 2,354 SF
Lot size 0.92 Acres

Utilities

Heating system Electric (Heating), Central, Heat Pump (Heating)
Cooling system Electric, Heat Pump, Central Air
Listing Agency: LANDMARK REALTY
Listed By: Wendy Ruzic · License #244948
Added: Jul 16 Changed: Oct 9 Last Checked: Oct 16 at 7:06AM
MLS# 264295

Copyright © 2026 Central Georgia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 2,354-square-foot commercial building occupies a 0.92-acre corner lot in Perry. The property was most recently used for medical office operations and previously served as a credit union, offering a layout adaptable to professional, medical, financial, retail, or service-oriented use. Central electric heating and cooling systems are in place.

The property is near Downtown Perry, with access to I-75 and Perry Parkway. A future Kroger shopping complex is also nearby. C2 zoning supports the property's commercial positioning, while the corner setting, parking, and established building improvements provide a practical base for an owner-user or occupant seeking a Perry location.

Key Highlights

  • 2,354‑square‑foot commercial building on a 0.92‑acre corner lot
  • C2 zoning
  • Most recently operated as a medical office; previously used as a credit union

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,760
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,200 $555.2K
Cap Rate 7%
$396,571 $396.6K
Cap Rate 9%
$308,444 $308.4K
Market Conditions
NOI Build-Up for 2,354 SF
Gross rent
$51.7K $21.96/SF
− Vacancy
−$5.4K −$2.31/SF
EGI
$46.3K $19.65/SF
− OpEx
−$18.5K −$7.86/SF
NOI
$27.8K $11.79/SF
Area
Houston County, GA
Vacancy
10.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,200
Cap Rate 7%
$396,571
Cap Rate 9%
$308,444

Alternative Uses

Best Use
Healthcare Medical
$396.6K
$347.0K – $462.7K (±1% cap)
NOI $27,760 @ 7.0% cap · market cap 3.70%
Second Best
Office B
$352.4K
$308.4K – $411.2K (±1% cap)
NOI $24,669 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$508.1K
$444.6K – $592.8K (±1% cap)
NOI $35,565 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

MyEyeDr. Eye Care Center Rhonda Thompson, OD Physician

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Storage Facility Big Box & Wholesale Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

435
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - C2-zoned corner-lot property with parking and convenient access to I-75.
Where is this medical office space 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‑square‑foot commercial building on a 0.92‑acre corner lot; C2 zoning; Most recently operated as a medical office; previously used as a credit union
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