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4885 Riverside Dr Macon, GA 31210

OFF-MARKET Office Spaces Google Maps
83,638 SF 7.28 ac lot Built 1991
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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 profile

Verified
Property type Office Spaces
Year built 1991
Total area 83,638 SF
Lot 7.28 ac (317,117 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Accounting Firm Tax Preparation
  • Real Estate Agency
  • Real Estate Agency

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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