127 1St St Macon, GA 31201
This exceptional Macon, Georgia commercial property offers a unique investment opportunity encompassing three office spaces totaling 7,500 square feet. Located in the heart of Macon's Central Business District at the signalized intersection of First Street and Riverside Drive, this property benefits from high visibility and convenient access to major thoroughfares, including Interstates 75 and 16. The property features ample off-street parking and the potential for prominent facade signage. Its strategic location places it within close proximity to Atrium Health Medical Center (employing approximately 4,600 people), Bibb and Federal Courthouses, government offices, financial institutions, and a variety of shopping and entertainment options. Public transportation is readily available. The property is comprised of three distinct units: 127 First Street (2,000 sq ft) features a large open space, a private office, kitchen/break room, storage room, utility closet, and two restrooms, leasing for $1,667 per month gross. 129 First Street (1,200 sq ft) includes a waiting area, three private offices, a break room, and one restroom, leasing for $1,000 per month gross. Finally, 145A First Street (upper level, 1,450 sq ft) offers a reception/waiting area, four private offices, a storage room, and one restroom, leasing for $1,208 per month gross. All leases are gross. This property presents a compelling opportunity for investors seeking a well-located, multi-tenant office building in a thriving urban center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.