Technical
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Property profile

485 Church St Macon, GA 31217

OFF-MARKET
Land
1.21 ac lot
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Property summary

AI-generated overview

This exceptional 1.21-acre land parcel presents a prime opportunity for commercial development in Macon, Georgia. Strategically located at 485 Coliseum Drive, 454 & 444 Church Street, 31217, this property boasts high visibility and accessibility. Situated directly across from Coliseum Hospital, Macon Centreplex, and the Macon Marriott City Center, it benefits from significant foot and vehicular traffic. Convenient access to Interstate 16 (Exit 2), downtown Macon, and Emery Highway further enhances its appeal. Conceptual plans already exist for a 3,000 square foot convenience store with a potential 1,000 square foot end-cap lease space. The property's prime location offers excellent signage opportunities on Interstate 16, approved by the Georgia Department of Transportation (GDOT). High traffic counts are supported by GDOT 2016 data, estimating 48,000 vehicles per day (vpd) on I-16 west of Coliseum Drive and 24,500 vpd on Coliseum Drive east of I-16. The seller is open to building and leasing options. This is a rare chance to acquire a highly desirable commercial property in a thriving Macon location. The asking price is $660,000.

Property profile

Verified
Property type Land
Lot 1.21 ac (52,708 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

485 Church St Macon, GA 31217
Macon metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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