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    440 Hemlock St Macon, GA 31201

    Sponsored
    For Sale
    $425,000

    0.56-acre lot, CBD-2 zoning, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.56-acre commercial land parcel presents a unique investment opportunity in Macon, Georgia. Ideally situated at 440 Hemlock St, 31201, this level lot boasts prime visibility and accessibility. The property is conveniently located directly behind the Luxury Broadway Lofts, ensuring high foot traffic and brand recognition potential. Zoned CBD-2, this versatile lot offers a wide range of development possibilities. All public utilities are readily available, simplifying the construction process. The lot features significant frontage: 208.11 feet along Hemlock Street and 116.75 feet along MLK Jr Boulevard, maximizing exposure and potential building footprint. The asking price is $425,000. This property is an excellent choice for developers seeking a strategic location in a thriving area of Macon. The lease expiration date on any existing lease is February 28, 2025. Don't miss this chance to acquire a highly desirable commercial lot in a rapidly developing part of the city.

    Property Features for 440 Hemlock St

    General Information

    Property type
    Land
    Lot Size
    24,394 SF

    HighLights

    • 0.56‑acre commercial lot in Macon, GA, at 440 Hemlock St, 31201.
    • High visibility and accessibility, located behind Luxury Broadway Lofts.
    • CBD‑2 zoning allows for diverse development options.
    • All utilities available; 208.11' frontage on Hemlock St and 116.75' on MLK Jr Blvd.
    • Asking price: $425,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Macon
    County
    Bibb
    State
    Georgia
    Longitude
    -83.630949
    Latitude
    32.829546

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    FAQs

    What type of property is this?
    Land - 0.56-acre lot, CBD-2 zoning, high visibility.
    Where is this land located?
    The property is located at 440 Hemlock St Macon, GA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 0.56-acre commercial lot in Macon, GA, at 440 Hemlock St, 31201.; High visibility and accessibility, located behind Luxury Broadway Lofts.; CBD-2 zoning allows for diverse development options.
    (478) 750-7507
    Request Owner's contact information
    440 Hemlock St Macon, GA 31201
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    Macon, GA 31201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    440 Hemlock St Macon, GA 31201
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