Listing Agency: RPI REAL ESTATE SERVICES

Listed By: Bill Waldorf · License #182018 Show Phone

Added: Feb 3 Changed: Oct 9 Last Checked: Nov 1 at 1:06AM

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MLS# 262706

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 automotive property includes a 6,218-square-foot garage with 16-foot ceilings and a dedicated office area. The layout supports automotive sales or service operations, with heat pump systems providing both heating and cooling.

The property occupies 0.953 acres at 1711 Key Street in Macon, Georgia. C3 zoning adds a commercial land-use designation to the site, while the combination of garage and office space provides a practical foundation for an automotive business.

Key Highlights

• 6,218‑square‑foot automotive facility
• Garage features 16‑foot ceilings
• 0.953‑acre property in Macon, GA

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$59,168

Cap Rate

8.51%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,183,360 $1.2M

Cap Rate 7%

$845,257 $845.3K

Cap Rate 9%

$657,422 $657.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,218 SF

Gross rent

$89.5K $14.40/SF

− Vacancy

−$5.0K −$0.81/SF

EGI

$84.5K $13.59/SF

− OpEx

−$25.4K −$4.08/SF

NOI

$59.2K $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%

$1,183,360

Cap Rate 7%

$845,257

Cap Rate 9%

$657,422

Alternative Uses

Best Use

Retail

$845.3K

$739.6K – $986.1K (±1% cap)

NOI $59,168 @ 7.0% cap · market cap 8.51%

Second Best

Industrial

$561.1K

$491.0K – $654.6K (±1% cap)

NOI $39,278 @ 7.0% cap · market cap 5.65%

Theoretical Best

Healthcare Medical

$1.19M

$1.04M – $1.39M (±1% cap)

NOI $83,271 @ 7.0% cap · market cap 11.98%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Car-Mart of Macon Car Dealership

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic HVAC Service Spa & Massage Center

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

16 ft

Clear height

Location Intelligence

Trade Area within ½ mile

264

Businesses Nearby

66k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Apparel 72% Shops & Services 20% Home Improvements & Furnishings 8%

Academy Sports + Outdoors Apparel

47,632 visits/mo 0.1 miles

Dollar Tree Shops & Services

12,239 visits/mo 0.4 miles

Home Outlet Home Improvements & Furnishings

4,651 visits/mo 0.4 miles

Grainger Home Improvements & Furnishings

707 visits/mo 0.4 miles

Devon Self Storage Shops & Services

600 visits/mo 0.3 miles

Demographics for 31204, GA

30,512

Population

15,578

Households

2

Avg Household Size

38

Median Age

22%

College-Educated

84%

High-School Grad

14.6 sq mi

ZIP Area

2,090

Density / Sq Mi

$38,478

Median Household Income

$32,586

Median Earnings

$917

Median Rent

$123,700

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Similar Off Market Nearby

• Wayne Truck Equipment — 1205 Hightower Rd, Macon, GA 31206
• Macon Windshield — 1205 Hightower Rd, Macon, GA 31206
• Phaze II Custom Paint — 1285 Hightower Rd, Macon, GA 31206
• Butler Collision Eisenhower — 2122 Eisenhower Pkwy, Macon, GA 31206
• Walsh Honda Service Department — 2056 Eisenhower Pkwy, Macon, GA 31206

Frequently Asked Questions

What type of property is this?

Auto shop - C3-zoned automotive facility with a dedicated office area and space suited to vehicle sales or service operations.

Where is this auto shop located?

The property is located at 1711 Key Street Macon, GA.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: 6,218‑square‑foot automotive facility; Garage features 16‑foot ceilings; 0.953‑acre property in Macon, GA