4849 Mercer University Drive, Macon, GA 31210
Two single-story salon suite properties offer turnkey, stabilized operations with strong roadway visibility and ample on-site parking.
- Added:
- Jun 22, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 24 at 1:58 am
Property Features for 4849 Mercer University Drive
General Information
- Standard status
- Active
- Size
- 7,153 SF
- Lot size
- 1.11 Acres
- Property subtype
- SCR-COM, SCR-FREE
Building Details
- Year Built
- 1950
Listing office Keller Williams Realty First Atlanta (404) 531-5700
Listing date Jun 22, 2026
Source Realnex
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HighLights
- Two single‑story salon suite properties with stabilized, income‑producing operations in Macon and Metro Atlanta
- Portfolio totals approx. 7,153 SF across two buildings on a combined 1.11 acres
- Macon property (4849 Mercer University Dr): approx. 3,136 SF on 0.33 acres; 5‑year owner leaseback at $5,700/month plus utilities
- Macon property has approx. 21,700 vehicles per day and strong frontage along Mercer University Dr; ample on‑site parking
- Metro Atlanta property (5610 Old National Hwy, College Park): approx. 4,017 SF on 0.78 acres; active tenants and salon suite leases convey
- Metro Atlanta layout includes multiple individual suites plus office space that may be converted to a suite, including a double suite configuration for leasing flexibility
Overview
The Macon asset at 4849 Mercer University Drive totals approximately 3,136 square feet on 0.33 acres along Mercer University Drive, supported by strong roadway visibility and convenient access. The Metro Atlanta asset at 5610 Old National Hwy totals approximately 4,017 square feet on 0.78 acres in the established College Park / South Fulton commercial submarket, with strong frontage and on-site parking. Public remarks cite approximately 21,700 vehicles per day along Mercer University Drive for the Macon location.
For investors and operators seeking stabilized service-based space, the suite-based model spreads occupancy across multiple users while preserving flexibility for continued salon operations or potential conversion to compatible service-driven uses. The Macon property is offered with a five-year owner leaseback at $5,700 per month plus utilities, which can reduce transition risk for a new owner. This portfolio provides an income-producing, ready-to-operate platform across two established markets.
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 | $137.3k | $19.20 |
| − Vacancy | −$43.9k | −$6.14 |
| EGI | $93.4k | $13.06 |
| − OpEx | −$23.3k | −$3.26 |
| NOI | $70.0k | $9.79 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.7218491
- Latitude
- 32.8286943