0 Shady Road Plz Macon, GA 31211
This exceptional 1.17-acre parcel in Macon, Georgia, presents a prime multifamily development opportunity. Located on Shady Rd Plaza in Bibb County (zip code 31211), this commercially and residentially zoned land is priced at $99,900, or $2.06 per square foot. The property boasts convenient access to utilities, significantly streamlining the development process. Its advantageous corner lot location offers frontage on two paved roads. The existing multifamily zoning eliminates the need for rezoning, saving time and resources. This makes it an ideal investment for developers seeking to capitalize on the growing demand for multifamily housing in a thriving community. The property's proximity to schools, shopping centers, parks, and major transportation arteries enhances its appeal to potential residents. This is a rare opportunity to acquire a sizable, ready-to-develop parcel in a desirable location. The seller is motivated. This property is also offered as part of a portfolio that includes a single-family home lot at a separate address. Interested parties should note that public water is accessible and septic sewer is a possibility.
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.