765 Gray Hwy Macon, GA 31211
- Retail space
- 8,650 SF
- 0.44 lot acres
Current Use by Public Records
- Retail space
Property Details for 765 Gray Hwy
- Year built
- 1954
- Lot size
- 0.44 lot acres
- Property size
- 8,650 SF
- Zone code
- C-4
- Property type
- Retail space
- APN
- R071-0066
- APU
- R0710066
Description
This exceptional Macon, Georgia investment opportunity encompasses six parcels totaling 1.41 acres, strategically located at the intersection of Gray Highway and 2nd Street. The property features five buildings constructed between 1954 and 1986, offering a combined 836 to 22,612 square feet of space. The property's mixed-use nature includes retail space on Gray Highway parcels (zoned C-4), and light industrial space on Woolfolk Street and Clinton Road parcels (zoned C-2). Woolfolk Street is a county-owned easement. The Gray Highway parcels include addresses 755, 757, and 765 Gray Highway. The Woolfolk Street parcels are located at 223 and 249 Woolfolk Street, and the Clinton Road parcels are at 682 and 696 Clinton Road. This multi-tenant property benefits from its high-traffic location near established businesses such as Kroger, McDonald's, Krispy Kreme, Nu-Way Weiners, Budget Truck Rental, Bojangles, and Attaway Tire. The asking price for this income-producing asset is $600,000. APN numbers are R071-0066, R071-0088, R071-0089, R071-0090, and R071-0091. This presents a compelling opportunity for investors seeking a diversified portfolio with strong rental income potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.6222
- Latitude
- 32.8499
- CBSA code
- 31420
- CBSA name
- MACON, GA METROPOLITAN STATISTICAL AREA