Retail Investment
4625 Mercer University Dr Macon, GA 31210
4625 Mercer University Dr, Macon, GA, 31210
Contact for pricing
For Sale
Contact for pricing
For sale retail property with a reported 7.75% CAP on 9,180 square feet.
Property Size9,180 SF
Price / SF$175.93
Days on Market37
Property Features for 4625 Mercer University Dr
General Information
- Standard status
- Active
- Size
- 9,180 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2015
Listing agency
Encore Real Estate Investment Services
Listed by
Nick Yaldo · License #6501447447
Source
Crexi
Added: Jun 15 Updated: Jul 21 at 3:11AM Checked: Jul 21 at 3:11AM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
This for-sale retail property offers a total building area of 9,180 square feet and is presented with a reported 7.75% CAP.
The asset is located at 4625 Mercer University Dr, Macon, GA 31210, and is being marketed as a retail investment opportunity with an asking price of $1,615,000.
The asset is located at 4625 Mercer University Dr, Macon, GA 31210, and is being marketed as a retail investment opportunity with an asking price of $1,615,000.
Key Highlights
- Retail property built in 2015
- Reported 7.75% CAP
- 9,180 sq ft retail space
Local Financial Insights For Retail
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 | $132.2k | $14.40 |
| − Vacancy | −$7.4k | −$0.81 |
| EGI | $124.8k | $13.59 |
| − OpEx | −$37.4k | −$4.08 |
| NOI | $87.4k | $9.52 |
9,180 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.25M
$1.09M – $1.46M
NOI $87,352 @ 7.0% cap · market cap 5.41%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.76M
$1.54M – $2.05M
NOI $122,939 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Family Dollar
Discount Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - For sale retail property with a reported 7.75% CAP on 9,180 square feet.
Where is this retail space located?
The property is located at 4625 Mercer University Dr Macon, GA.
What is the asking price?
The asking price for this property is $1,615,000.
What are key features of this property?
This property features: Retail property built in 2015; Reported 7.75% CAP; 9,180 sq ft retail space
