Mercer University Drive Investment
4849 Mercer University Drive, Macon, GA 31210
Profitable salon suites with leaseback in high-traffic Macon corridor.
Type:OFC
Property size:
3,150 SFLot size:
0.33 AcresPrice / SF:
$190/SF- Added:
- Feb 19, 2026
- Days on Market:
- 101
- Last Refresh:
- Apr 3 at 4:57 am
Property Features for 4849 Mercer University Drive
General Information
- Standard status
- Active
- Size
- 3,150 SF
- Lot size
- 0.33 Acres
- Property subtype
- OFC
Building Details
- Year Built
- 1950
Listing agent Angie Ponsell License #248030, GA (404) 226-2002
Listing office KW Commercial | First Atlanta (404) 226-2002
Listing date Feb 19, 2026
Source Realnex
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 KW Commercial | First Atlanta
HighLights
- Immediate income from fully built‑out salon suites with an established tenant base.
- Sale with a leaseback: Current owner will lease for five years at $5,700 per month plus utilities, ensuring stable income.
- High‑traffic location on Mercer University Drive with approximately 21,700 vehicles per day and excellent visibility.
- Located in a well‑established commercial node in North Macon with strong surrounding retail, service, and office uses.
- Clean, straightforward income stream with limited landlord expenses and utilities passed through.
- Ample on‑site parking and convenient access to major thoroughfares.
Overview
Located on Mercer University Drive in Macon, Georgia, this property offers a stabilized investment opportunity in a high-traffic commercial area. The property includes a building of approximately 3,150 square feet on a 0.33-acre lot. The location benefits from strong frontage on Mercer University Drive, with approximately 21,700 vehicles passing daily, and offers excellent visibility. The building is currently operating as fully built-out salon suites, providing immediate income with an established tenant base. The offering is structured as a sale with a leaseback. The current owner will execute a five-year lease at $5,700 per month plus utilities. This arrangement provides stable income and reduces transition risk for the new owner. With limited landlord expenses and utilities passed through, this structure offers a straightforward income stream in a high-exposure location. The property is positioned within a well-established commercial node in North Macon, benefiting from strong surrounding retail, service, and office uses, convenient access to major thoroughfares, and ample on-site parking. This property combines stabilized income, built-in occupancy, and long-term visibility in an active commercial corridor.
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 | $60.5k | $19.20 |
| − Vacancy | −$19.4k | −$6.14 |
| EGI | $41.1k | $13.06 |
| − OpEx | −$10.3k | −$3.26 |
| NOI | $30.8k | $9.79 |
3,150 SF · lease $19.20/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$440.6K
$385.6K – $514.1K
NOI $30,845 @ 7.0% cap · market cap 5.14%
Second Best
Retail
$428.2K
$374.7K – $499.6K
NOI $29,974 @ 7.0% cap · market cap 5.00%
Theoretical Best
Healthcare Medical
$602.6K
$527.3K – $703.1K
NOI $42,185 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
WeStyle Salon Suites
Hair Salon
The Hair Cottage
Hair Salon
Similar Places Nearby
- Fix & Style — 3661 Eisenhower Pkwy #38, Macon, GA 31206
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.7218491
- Latitude
- 32.8286943
Nearby Similar for Sale
FAQs
What type of property is this?
Office space - Profitable salon suites with leaseback in high-traffic Macon corridor.
Where is this office space located?
The property is located at 4849 Mercer University Drive Macon, GA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Immediate income from fully built‑out salon suites with an established tenant base.; Sale with a leaseback: Current owner will lease for five years at $5,700 per month plus utilities, ensuring stable income.; High‑traffic location on Mercer University Drive with approximately 21,700 vehicles per day and excellent visibility.
