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    5817 Thomaston Rd Macon, GA 31220

    Sponsored
    For Sale
    $2,950,000

    Prime Macon location, R-3 zoned, 288-unit potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 23.5-acre property in Macon, Georgia, presents a remarkable opportunity for multifamily development. Recently rezoned R-3, it's approved for a substantial 288-unit project. The site boasts convenient access via two separate drives, one off Thomaston Road and another from Tucker Road. All utilities are readily available on-site, enhancing the practicality and efficiency of development. Adding to its appeal is a two-acre pond and an existing house, which could be repurposed as a clubhouse or other amenity. Situated in a thriving Northwest Macon neighborhood, this location offers unparalleled convenience. Across the street lies a new Publix shopping center, along with various restaurants and retail establishments. Furthermore, the property enjoys proximity to Weaver Middle School and Westside High School, making it attractive to families. Its strategic location just one mile from I-475 ensures excellent connectivity to the wider Macon area and beyond. The asking price for this exceptional development opportunity is $2,950,000. The property's zoning and location make it an ideal investment for developers seeking a high-potential multifamily project in a rapidly growing area. The Bibb County address is 5817 Thomaston Rd, Macon, GA 31220.

    Property Features for 5817 Thomaston Rd

    General Information

    Property type
    Land
    Lot Size
    1,023,660 SF

    HighLights

    • 23.5‑acre multifamily development site in Macon, GA, recently rezoned R‑3 for 288 units.
    • Dual access points from Thomaston Rd and Tucker Rd, with all utilities available on‑site.
    • Includes a 2‑acre pond and existing house, suitable for repurposing.
    • Prime Northwest Macon location, across from a new Publix shopping center, restaurants, and retail.
    • Near Weaver Middle School and Westside High School, one mile from I‑475.
    • Asking price: $2,950,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Macon
    County
    Bibb
    State
    Georgia
    Longitude
    -83.747797
    Latitude
    32.839036

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    FAQs

    What type of property is this?
    Land - Prime Macon location, R-3 zoned, 288-unit potential.
    Where is this land located?
    The property is located at 5817 Thomaston Rd Macon, GA.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: 23.5-acre multifamily development site in Macon, GA, recently rezoned R-3 for 288 units.; Dual access points from Thomaston Rd and Tucker Rd, with all utilities available on-site.; Includes a 2-acre pond and existing house, suitable for repurposing.
    (478) 951-9460
    Request Owner's contact information
    5817 Thomaston Rd Macon, GA 31220
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    Macon, GA 31220
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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
    5817 Thomaston Rd Macon, GA 31220
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