4885 Riverside Drive Ln Macon, GA 31210
- Office Properties & Spaces
- 83,638 SF
- 7.28 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 4885 Riverside Drive Ln
- Lot size
- 7.28 lot acres
- Property size
- 83,638 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Land
Description
This exceptional commercial property, located at 4885 Riverside Drive in Macon, Georgia, presents a significant investment opportunity. The 83,638 square foot office building, constructed in 1991 and featuring three floors, sits on a 7.28-acre lot, with approximately one acre undeveloped, offering significant expansion potential. The building boasts 230+ parking spaces, providing a generous parking ratio of approximately 3 spaces per 1,000 square feet. The property benefits from a highly visible location in North Macon, directly across from The Shoppes at River Crossing, a 750,000 square foot regional open-air shopping mall, and enjoys convenient access to Interstate 75 (Exit 171). High traffic counts of approximately 15,100 vehicles per day further enhance its desirability. The roof features a 20-year warranty with approximately 10 years remaining. Financial records indicate a 2023 property tax bill of $58,342, rental income of $296,376, and expenses of $312,073. The property's prime location, substantial size, and existing infrastructure make it an attractive proposition for a variety of commercial uses. The 415-foot lot frontage provides excellent visibility and accessibility. This is a rare opportunity to acquire a substantial commercial property in a thriving Macon location. The property is offered at $8,300,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.7115
- Latitude
- 32.9257
