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4885 Riverside Drive Ln Macon, GA 31210

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

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
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

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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