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    4885 Riverside Dr Macon, GA 31210

    Sponsored
    For Sale
    $8,300,000

    Class A Office, High-Traffic Location

    Property size:
    83,638 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A office building, located at 4885 Riverside Dr, Macon, GA 31210, presents a compelling investment opportunity. Boasting 83,638 square feet across three stories, this 1991-built property sits on a 7.28-acre lot (including approximately one acre of undeveloped land) with 415 feet of frontage. The building features approximately 230 parking spaces, offering a parking ratio of 3 spaces per 1,000 square feet. Its prime location in North Macon, directly across from The Shoppes at River Crossing (a 750,000 square foot regional open-air shopping mall), and off Interstate 75 (Exit 171), ensures high visibility and accessibility. The property benefits from an average daily traffic count of approximately 15,100 vehicles. The roof boasts a remaining lifespan of approximately 10 years of its 20-year warranty. This versatile property is zoned C2 and offers a blend of medical and traditional office space. Financial records indicate a 2023 property tax bill of $58,342, rental income of $296,376, and expenses of $312,073. The asking price is $8,300,000, translating to $99.24 per square foot. This is a rare opportunity to acquire a well-situated, high-quality office building in a thriving Macon commercial corridor.

    Property Features for 4885 Riverside Dr

    General Information

    Property type
    Medical offices
    Square Feet
    83,638 SF
    Class
    A
    Lot Size
    317,117 SF

    Building Details

    Year Built
    1991
    Buildings
    1
    Stories
    3

    HighLights

    • $8,300,000 asking price for this 83,638 SF Class A office building.
    • Located in North Macon, GA, off I‑75, Exit 171, with 15,100+ average daily vehicle traffic.
    • Situated across from The Shoppes at River Crossing, a 750,000 SF regional shopping mall, and 6 miles from Downtown Macon.
    • Features 3 stories, built in 1991, on a 7.28‑acre lot (including 1 acre undeveloped), with 230+ parking spaces (3 spaces per 1,000 SF).
    • The building boasts a 20‑year roof warranty (10+ years remaining), 415 ft of lot frontage, and C2 zoning.
    • 2023 property taxes were $58,342, rental income was $296,376, and expenses totaled $312,073.
    Property Profile Location Intelligence

    Current Use by Public Records

    REALTOR, Adrienne M. ... Real Estate Agent Jerrod Otting- Realtor, ... Real Estate Agent Altera Payroll Accountant Ken Thurmond Realtor ... Real Estate Agent Dorothy Mitchell, Realtor Real Estate Agent

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -83.7115219
    Latitude
    32.9256576

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    FAQs

    What type of property is this?
    Medical office - Class A Office, High-Traffic Location
    Where is this medical office located?
    The property is located at 4885 Riverside Dr Macon, GA.
    What is the asking price?
    The asking price for this property is $8,300,000.
    What are key features of this property?
    This property features: $8,300,000 asking price for this 83,638 SF Class A office building.; Located in North Macon, GA, off I-75, Exit 171, with 15,100+ average daily vehicle traffic.; Situated across from The Shoppes at River Crossing, a 750,000 SF regional shopping mall, and 6 miles from Downtown Macon.
    Request Owner's contact information
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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
    4885 Riverside Dr Macon, GA 31210
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