4849 Mercer University Drive, Macon, GA 31210
- Added:
- Jan 27, 2026
- Days on Market:
- 150
- Last Refresh:
- Jun 26 at 10:06 pm
Property Features for 4849 Mercer University Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- L0810065
- Size
- 3,136 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 25
- Tax Annual Amount
- 1796
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Building materials
- Frame
Listing agent Angie W Ponsell License #248030,GA (404) 226-2002
Listing office Keller Williams Realty First Atlanta 200 Glenridge Point Pkwy S-100, Atlanta, GA (404) 531-5700
Listing date Jan 27, 2026
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Immediate rental income with a five‑year NNN lease at $5,700 per month upon closing.
- Attractive 8.75% cap rate based on NNN rental income, offering stabilized cash flow.
- NNN lease structure provides passive income stream with reduced landlord responsibilities and utilities passed through to the tenant.
- Located in an active commercial corridor with high traffic (approximately 21,700 vehicles per day) and strong frontage on Mercer University Drive.
- Fully built out as salon suites, ensuring built‑in occupancy from day one.
- Situated within an established North Macon commercial node, benefiting from surrounding retail, service, and office uses.
Overview
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 | $45.2k | $14.40 |
| − Vacancy | −$2.5k | −$0.81 |
| EGI | $42.6k | $13.59 |
| − OpEx | −$12.8k | −$4.08 |
| NOI | $29.8k | $9.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.721504
- Latitude
- 32.828737
