Class A Medical Office
For Sale
Contact for pricing
265 Sheraton Boulevard, Macon, GA 31210
Flexible configuration supports either a single occupant or multiple medical and professional office users.
Property Size17,737 SF
Lot Size3.03 Acres
Price / SF$169.08
Days on Market52
Property Features for 265 Sheraton Boulevard
General Information
Standard status
Active
Size
17,737 SF
Class
Class A
Total Parking Spaces
102
Lot size
3.03 Acres
Property subtype
Office
Zoning
C-2
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$2,999,000
Amenities
building signage opportunities
Building Details
Year Built
2006
Listing Agency:
The Summit Group
Listed By:
King Kemper · License #GA 172834
(478) 750-7507
Source:
Crexi
Added: Sep 8
Changed: Oct 25
Last Checked: Oct 28 at 8:47AM
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 The Summit Group
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Investment Insights
Based on property information with market context.
Constructed in 2006, this Class A medical office property includes approximately 17,737 SF on approximately 3.03 acres. The interior can serve one user or be configured for multiple occupants, offering practical flexibility for medical practices and professional office operations. C-2 Commercial zoning supports the property’s office-oriented use profile.
The site includes 102 parking spaces, with three ADA-designated spaces, and offers prominent building signage opportunities. Located at 265 Sheraton Boulevard in Macon, the property provides access to Sheraton Boulevard, Northside Drive, and Interstate 75, connecting the site with Macon and the surrounding market.
The site includes 102 parking spaces, with three ADA-designated spaces, and offers prominent building signage opportunities. Located at 265 Sheraton Boulevard in Macon, the property provides access to Sheraton Boulevard, Northside Drive, and Interstate 75, connecting the site with Macon and the surrounding market.
Key Highlights
- Approximately 17,737 SF medical office building on approximately 3.03 acres
- Class A property constructed in 2006
- Flexible layout for a single user or multiple occupants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$237,534
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,750,680
$4.8M
Cap Rate 7%
$3,393,343
$3.4M
Cap Rate 9%
$2,639,267
$2.6M
Market Conditions
NOI Build-Up for 17,737 SF
Gross rent
$425.7K $24.00/SF
− Vacancy
−$29.8K −$1.68/SF
EGI
$395.9K $22.32/SF
− OpEx
−$158.4K −$8.93/SF
NOI
$237.5K $13.39/SF
Area
Macon, GA
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,750,680
Cap Rate 7%
$3,393,343
Cap Rate 9%
$2,639,267
Alternative Uses
Best Use
Healthcare Medical
$3.39M
$2.97M – $3.96M
NOI $237,534 @ 7.0% cap · market cap 7.92%
Second Best
Office B
$2.48M
$2.17M – $2.89M
NOI $173,681 @ 7.0% cap · market cap 5.79%
Theoretical Best
—
—
same as Best Use
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
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
447
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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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?
Medical Office Space - Flexible configuration supports either a single occupant or multiple medical and professional office users.
Where is this medical office space located?
The property is located at 265 Sheraton Boulevard Macon, GA.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: Approximately 17,737 SF medical office building on approximately 3.03 acres; Class A property constructed in 2006; Flexible layout for a single user or multiple occupants
