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Property profile & analytics
OFF-MARKET
Retail space
1045 Riverside Dr Macon, GA 31201-1913
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-2257194
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1914
Construction
CONCRETE BLOCKS
Total area
14,144 SF
Lot
2.02 ac (87,991 SF)
Zoning code
CBD-2
APN
Q072-0203
UPID
US22-2257194
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Alphie Lee Spears JR · 2 yrs held
Alphie Lee Spears JR
since 2023
Last sale
$350,000
3 recorded transactions
Zoning & alternative use
CBD-2 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
hapter 10 - R-2A and R-2 Two-Family Chapter 11 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 - C-2 General Commercial District Chapter 13A - CBD-1 Central Business District Chapter 13B - CBD-2 Central Business District Chapter 14 - C-4 Highway Commercial District Chapter 15 - C-5 Neighborhood Convenience Center District Chapt…
Zone name
Central Business District
General category
COMMERCIAL
Zone area
322.71 ac
Source
Planning & Zoning Commission
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Macon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macon submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,783
Tax year 2023
Assessed value
$431,566
Assessed 2023
Previous assessed
$431,566
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$181,425
Assessed improvement
$250,141
Land market value
$453,562
Improvement market value
$625,352
Total market value
$1,078,914
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1914
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
14,144 SF
Lot
2.02 ac (87,991 SF)
Zoning code
CBD-2
APN
Q072-0203
UPID
US22-2257194
Jurisdiction
BIBB
Zoning & alternative use
CBD-2 · Macon, GAZoning CBD-2 · permitted uses
CBD-2 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
hapter 10 - R-2A and R-2 Two-Family Chapter 11 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 - C-2 General Commercial District Chapter 13A - CBD-1 Central Business District Chapter 13B - CBD-2 Central Business District Chapter 14 - C-4 Highway Commercial District Chapter 15 - C-5 Neighborhood Convenience Center District Chapter 16 - M-1 Wholesale and Light Industrial District Chapter 17 - M-2 Heavy Industrial
Zone name
Central Business District
General category
COMMERCIAL
Zone area
322.71 ac
Source
Planning & Zoning Commission
Building & site characteristics
From public records
Year built
1914
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.02 ac
Current owner
From public records · entity-resolved
Alphie Lee Spears JR
Individual
Mailing address
2012 RIVERSIDE DR, MACON, GA 31204-2051
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2023
$350,000
Alphie Lee Spears JR
Causey Riverside Properties LLC
Limited Warranty Deed
$335,000 · Causey Riverside Properties LLC
Oct 20, 2017
—
Causey Riverside Prop LLC
Causey,charles F & Harold C
Quit Claim Deed
related
—
Jan 30, 2009
—
June F Causey
Causey Harold E
Quit Claim Deed
related
$200,000 · Capital City Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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