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    4140 Arkwright Rd Macon, GA 31210

    For Sale
    $566,400

    Prime Macon development land, ideal for multifamily or office.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 9.44-acre property, located in North Macon at 4140 Arkwright Road, presents a unique investment opportunity. Boasting 182 feet of frontage on Arkwright Road and 398 feet on Sheraton Drive, this strategically positioned parcel offers unparalleled access and visibility. Situated between two major interstate interchanges (Arkwright Road & Riverside Drive), the site enjoys convenient proximity to a wealth of amenities, including shopping centers, restaurants, hotels, and financial institutions. Just six miles from downtown Macon, this location provides both suburban tranquility and urban convenience. The property is identified as Parcel N030-0008 and is currently zoned Agricultural, presenting significant potential for future development. This versatile land is suitable for a variety of uses, including multifamily housing or office development, making it an attractive prospect for investors seeking high-growth potential in a thriving market. The asking price for this remarkable property is $566,400. Don't miss this chance to acquire a substantial tract of land in a prime Macon location. Serious inquiries only.

    Property Features for 4140 Arkwright Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    411,206 SF

    HighLights

    • 9.44‑acre multifamily/office development site.
    • 182 feet of frontage on Arkwright Road.
    • 398 feet of frontage on Sheraton Drive.
    • Parcel number N030‑0008.
    • Agricultural zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    High-rise multifamily apartments

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Macon
    County
    Bibb
    State
    Georgia
    Longitude
    -83.693102
    Latitude
    32.910924

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    FAQs

    What type of property is this?
    Multifamily property - Prime Macon development land, ideal for multifamily or office.
    Where is this multifamily property located?
    The property is located at 4140 Arkwright Rd Macon, GA.
    What is the asking price?
    The asking price for this property is $566,400.
    What are key features of this property?
    This property features: 9.44-acre multifamily/office development site.; 182 feet of frontage on Arkwright Road.; 398 feet of frontage on Sheraton Drive.
    Request Owner's contact information
    4140 Arkwright Rd Macon, GA 31210
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    Macon, GA 31210
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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
    4140 Arkwright Rd Macon, GA 31210
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