Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    112 Lower Poplar St Macon, GA 31201

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    112 Lower Poplar St Macon, GA 31201

    View on Map
    • Land
    • 3.02 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 112 Lower Poplar St

    Lot size
    3.02 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional investment opportunity encompasses two contiguous parcels totaling 3.02 acres of M-2 (Heavy Industrial) zoned land in Macon, Georgia. Strategically located at the corner of Lower Poplar Street and 7th Street, this property offers unparalleled access to major transportation arteries, situated less than one mile from Interstate 16 (Exit 2). The site consists of two lots: 112 Lower Poplar Street, comprising 2.61 acres, and 180 Lower Poplar Street, encompassing 0.41 acres. All utilities are readily available on-site, simplifying development and reducing infrastructure costs. The property's heavy industrial zoning allows for a wide range of potential uses, making it suitable for various industrial projects. Given its size, location, and zoning, this property presents a compelling opportunity for developers and investors seeking a strategic foothold in Macon's thriving industrial sector. The asking price for this combined 3.02-acre parcel is $500,000. The address is 112 & 180 Lower Poplar Street, Macon, GA 31201, within Bibb County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Macon
    County
    Bibb
    State
    Georgia
    Longitude
    -83.621
    Latitude
    32.8301

    Comparable in this City

    • Value Estimation by Request

      196 Lower Cherry St

      Manufacturing properties
      196 Lower Cherry St, Macon, GA 31201
      View Details
    • Value Estimation by Request
      900 SF

      522 Cherry St, Unit 101

      INDUSTRIAL LOFT BUILDING • 900 SF
      522 Cherry St, Macon, GA 31201-6330
      View Details
    • Value Estimation
      $510,000
      2,650 SF

      505 2nd St, Unit 302

      INDUSTRIAL LOFT BUILDING • 2,650 SF
      505 2nd St, Macon, GA 31201-2784
      View Details
    • Value Estimation
      $565,000
      4,075 SF

      530 Cherry St, Unit 201

      INDUSTRIAL LOFT BUILDING • 4,075 SF
      530 Cherry St, Macon, GA 31201-2711
      View Details
    • Value Estimation
      $1,845,000
      36,192 SF

      1675 Montpelier Ave

      INDUSTRIAL LOFT BUILDING • 36,192 SF
      1675 Montpelier Ave, Macon, GA 31201-6615
      View Details
    • Value Estimation
      $13,020,000
      174,764 SF

      1300 Mercer University Dr

      INDUSTRIAL LOFT BUILDING • 174,764 SF
      1300 Mercer University Dr, Macon, GA 31201-1549
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      3.02 Acres Land For Sale

      Two lots totaling 3.02 acres near Interstate 16.
      112 Lower Poplar St, Macon, GA 31201
      View Details
    • Contact for pricing

      Acre of Raw Land

      One acre of raw land in a rural location.
      9989 Old Gordon Rd, Macon, GA 31201
      View Details
    • Contact for pricing
      4,878 SF

      Two Office Buildings Near I-75

      Two office buildings totaling 4,878 SF on 0.97 acres.
      1365 Georgia Ave, Macon, GA 31201
      View Details
    • $425,000

      Retail/Warehouse/Showroom on MLK Jr. Blvd.

      6,460 SF retail/warehouse/showroom with frontage on MLK Jr. Blvd.
      753 Martin Luther King Jr Blvd, Macon, GA 31201
      View Details
    • Contact for pricing
      0.08 Acres

      Residential Lot in Historic Macon

      Residential lot in historic Beall's Hill community, Macon, GA.
      1083 Elm Street Ln, Macon, GA 31201
      View Details

    Similar Nearby for Lease

    • $850 /Mo
      33,105 SF

      Renovated Mixed-Use Commercial Space

      Modern, flexible space suitable for office, retail, warehouse, or studio.
      1080 3Rd Street Ln, Macon, GA 31201
      View Details
    • Contact for pricing

      Downtown Macon Commercial Space Available

      Versatile commercial property suitable for retail, wholesale, or office use.
      722 Martin Luther King Jr Blvd, Macon, GA 31201
      View Details
    • Contact for pricing

      Downtown Macon Multi-Tenant Warehouse

      Multi-tenant warehouse in Downtown Macon with convenient access.
      725-779 5Th St, Macon, GA 31201
      View Details
    • $16 SF/Yr
      2,600 SF

      Restaurant Space with Mezzanine

      2,600± SF restaurant space with updated features for lease.
      428 2Nd St, Macon, GA 31201
      View Details
    • Contact for pricing
      1,300 SF

      Storefront Retail / Office Space

      1,300± SF retail/office space with open layout in Macon, GA.
      811 Forsyth St, Macon, GA 31201
      View Details
    • $10 SF/Yr
      1,150 SF

      Macon Medical Office Space Available

      Medical office suite for lease near Walnut and Spring intersection.
      885 Walnut St, Macon, GA 31201
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    112 Lower Poplar St
    Macon, GA 31201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!