Commercial Office
341 Third Street Macon, GA 31201
341 Third Street, Macon, GA, 31201
Contact for pricing
For Sale
Contact for pricing
For sale office building located at 341 Third Street in Macon, Georgia.
Property Size3,878 SF
Price / SF$186.95
Days on Market96
Property Features for 341 Third Street
General Information
- Standard status
- Active
- Size
- 3,878 SF
- Property subtype
- Office
Building Details
- Year Built
- 1920
Listing agency
Bob Lewis & Associates Inc
Listed by
Bob Lewis · License #GA 5655
Source
Crexi
Added: Apr 17 Updated: Jul 20 at 7:56PM Checked: Jul 21 at 12:05PM
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 Bob Lewis & Associates Inc
Investment Insights
Based on property information with market context.
This commercial office building at 341 Third Street offers a for-sale opportunity in Macon, Georgia.
The property is listed for sale at 341 Third Street, Macon, GA 31201, and is presented as an office building within the Commercial real estate and Office buildings categories.
The total property size is 3,878 square feet, providing space in a dedicated office format.
The property is listed for sale at 341 Third Street, Macon, GA 31201, and is presented as an office building within the Commercial real estate and Office buildings categories.
The total property size is 3,878 square feet, providing space in a dedicated office format.
Key Highlights
- Office building for sale at 341 Third Street, Macon, GA 31201
- Built in 1920
Local Financial Insights For Office B
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 | $74.5k | $19.20 |
| − Vacancy | −$23.8k | −$6.14 |
| EGI | $50.6k | $13.06 |
| − OpEx | −$12.7k | −$3.26 |
| NOI | $38.0k | $9.79 |
3,878 SF · lease $19.20/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$542.5K
$474.7K – $632.9K
NOI $37,973 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$741.9K
$649.2K – $865.6K
NOI $51,934 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hogue & Hogue LLP
Law Firm
Raymond Susan D
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - For sale office building located at 341 Third Street in Macon, Georgia.
Where is this office building located?
The property is located at 341 Third Street Macon, GA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Office building for sale at 341 Third Street, Macon, GA 31201; Built in 1920
