Flex Showroom and
For Sale
Contact for pricing
4661 Chambers Rd, Macon, GA 31206
Flex property includes a showroom and warehouse with a roll-top door plus multiple studios/offices and 40 parking spaces.
Property Size7,980 SF
Price / SF$109.02
Days on Market430
Property Features for 4661 Chambers Rd
General Information
Standard status
Active
Size
7,980 SF
Total Parking Spaces
40
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
12 ft
Drive-In Doors
1
Additional Details
Highway Access
Yes
Office Units
10
Building Details
Year Built
1977
Listing Agency:
Coldwell Banker Commercial | Eberhardt & Barry
(478) 746-8171
Listed By:
Patrick Barry
(478) 718-1806
Source:
Moodyscre
Added: Jul 2, 2025
Changed: Sep 2
Last Checked: Sep 1 at 11:34PM
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 Coldwell Banker Commercial | Eberhardt & Barry
Investment Insights
Based on property information with market context.
This flex property totals 7,980 square feet and combines a showroom area with a warehouse component. The warehouse includes a 10' x 10' roll-top door, and the building features 12.5' ceilings. The property also offers 10 studios/offices, and it was built in 1977 with a roof replacement in 1997. New energy-efficient LED lighting has been installed inside and outside.
The property benefits from high visibility from I-475 North and South with easy on/off access, along with oversized interstate-facing signage.
Parking is available for 40 vehicles, supporting showroom and office use alongside warehouse access.
The property benefits from high visibility from I-475 North and South with easy on/off access, along with oversized interstate-facing signage.
Parking is available for 40 vehicles, supporting showroom and office use alongside warehouse access.
Key Highlights
- ±7,980 total SF flex space with 6,180 SF showroom and 1,800 SF warehouse
- High visibility from I‑475 N & S with easy on/off access and oversized interstate‑facing signage
- Warehouse features a 10' x 10' roll‑top door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,030
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,180,600
$1.2M
Cap Rate 7%
$843,286
$843.3K
Cap Rate 9%
$655,889
$655.9K
Market Conditions
NOI Build-Up for 7,980 SF
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.
Gross rent
$75.7K $9.48/SF
− Vacancy
−$6.2K −$0.78/SF
EGI
$69.4K $8.70/SF
− OpEx
−$10.4K −$1.31/SF
NOI
$59.0K $7.40/SF
Area
Macon, GA
Vacancy
8.20%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,180,600
Cap Rate 7%
$843,286
Cap Rate 9%
$655,889
Alternative Uses
Best Use
Warehouse
$843.3K
$737.9K – $983.8K
NOI $59,030 @ 7.0% cap · market cap 6.79%
Second Best
Industrial
$720.1K
$630.1K – $840.1K
NOI $50,408 @ 7.0% cap · market cap 5.79%
Theoretical Best
Healthcare Medical
$1.53M
$1.34M – $1.78M
NOI $106,868 @ 7.0% cap · market cap 12.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12 ft
Clear height
1
Drive-in doors
10
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 31206, GA
26,519
Population
11,415
Households
2.3
Avg Household Size
33
Median Age
7%
College-Educated
79%
High-School Grad
26.6 sq mi
ZIP Area
997
Density / Sq Mi
$35,006
Median Household Income
$30,537
Median Earnings
$898
Median Rent
$84,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex property includes a showroom and warehouse with a roll-top door plus multiple studios/offices and 40 parking spaces.
Where is this flex space located?
The property is located at 4661 Chambers Rd Macon, GA.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: ±7,980 total SF flex space with 6,180 SF showroom and 1,800 SF warehouse; High visibility from I‑475 N & S with easy on/off access and oversized interstate‑facing signage; Warehouse features a 10' x 10' roll‑top door
