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3989 Arkwright Rd, Macon, GA 31210
Two office suites totaling ±2,100 SF with easy highway access.
Property Size2,100 SF
Price / SF$233.33
Days on Market743
Property Features for 3989 Arkwright Rd
General Information
Standard status
Active
Size
2,100 SF
Class
C
Property subtype
Office
Zoning
C-2
Occupancy
100%
Lease Type
Modified Gross
Building Details
Year Built
2009
Buildings
1
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
The Summit Group
Listed By:
Bo Elliott · License #GA 412808
(478) 750-7507
Source:
Crexi
Added: Oct 15, 2024
Changed: Oct 25
Last Checked: Oct 26 at 4:08PM
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 The Summit Group
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Investment Insights
Based on property information with market context.
This property features two suites totaling approximately 2,100 square feet. The location provides convenient access to I-75 via Exit 169, and is near The Shoppes at River Crossing.
Key Highlights
- Two suites totaling ±2,100 SF
- Located off I‑75 (Exit 169)
- Easy access to The Shoppes at River Crossing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,563
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,260
$411.3K
Cap Rate 7%
$293,757
$293.8K
Cap Rate 9%
$228,478
$228.5K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$40.3K $19.20/SF
− Vacancy
−$12.9K −$6.14/SF
EGI
$27.4K $13.06/SF
− OpEx
−$6.9K −$3.26/SF
NOI
$20.6K $9.79/SF
Area
Macon, GA
Vacancy
32.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,260
Cap Rate 7%
$293,757
Cap Rate 9%
$228,478
Alternative Uses
Best Use
Office B
$293.8K
$257.0K – $342.7K
NOI $20,563 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$401.8K
$351.5K – $468.7K
NOI $28,123 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
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Business Placement
Demographics for 31210, GA
35,345
Population
15,768
Households
2.2
Avg Household Size
39
Median Age
48%
College-Educated
95%
High-School Grad
41.3 sq mi
ZIP Area
856
Density / Sq Mi
$82,158
Median Household Income
$44,231
Median Earnings
$1,260
Median Rent
$259,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two office suites totaling ±2,100 SF with easy highway access.
Where is this office unit located?
The property is located at 3989 Arkwright Rd Macon, GA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Two suites totaling ±2,100 SF; Located off I‑75 (Exit 169); Easy access to The Shoppes at River Crossing
