Financial
Distress signals
Property profile

242 Spg St 248 Macon, GA 31201

OFF-MARKET
Retail space
Property ID
US22-2223740
6,804 SF 0.32 ac lot Built 1960
Last sale Nov 2024 · $224,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$152k
Assessed land$78k
Assessed improvement$74k
Effective rate3.46%

Value estimate

· Sep 2026
$225k
$203k – $248k
AI approach$225k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$64/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$32 – $87
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD-2
District is intended to encourage an harmonious tenant mix and an environment which complements both residential and business activities
General categoryCOMMERCIAL
JurisdictionBIBB

Location intelligence

Which uses thrive at this corner?
Best fit: Catering Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Catering Service8.6
Home Appliance Store8.5
Electrical Service8.4

Location

242 Spg St, Unit 248 Macon, GA 31201-1920
County assessor Recorded deeds · 2 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
497 2nd, Macon, GA 31201-2733 $1,200,000 Jun 2025 5,460 SF
448 2nd, Macon, GA 31201-2740 $325,000 Jun 2025 4,516 SF
768 Cherry, Macon, GA 31201-2076 $200,000 May 2025 6,017 SF
532 Cherry, Macon, GA 31201-2711 $350,000 Jul 2022 7,492 SF
1696 Montpelier, Macon, GA 31201-6655 $460,000 Feb 2022 4,116 SF
535 Poplar, Macon, GA 31201-2726 $375,000 Feb 2022 6,245 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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