551 Cherry St Macon, GA 31201
1,020 SqFt office and retail space for sale.
Property Features for 551 Cherry St
General Information
- Standard status
- Active
- Size
- 1,020 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1900
Listing office Coldwell Banker Commercial Eberhardt & Barry (800) 926-0990
Listing date Mar 20, 2026
Source Crexi
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.
Key Highlights
- Office space available
- Features 1,020 sqft of space
- Built in 1900
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 | $19.6k | $19.20 |
| − Vacancy | −$6.3k | −$6.14 |
| EGI | $13.3k | $13.06 |
| − OpEx | −$3.3k | −$3.26 |
| NOI | $10.0k | $9.79 |
Alternative Uses
Property Analytics
Current Use by Public Records
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