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    1122 Gray Hwy Macon, GA 31211-1869
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    Property profile & analytics

    1122 Gray Hwy Macon, GA 31211-1869


    • Medical Office Space
    • 15,616 SF
    • 0.59 lot acres
    Off-Market
    Last Sale Jun 9, 2023
    Property ID
    US22-2178817
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,335,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Middle Georgia Nephrolgy Assocs / Medical Clinic
    • Dr. Clement C. Nwosu, MD / Physician / Medical Clinic
    • Family Foot & Ankle Center / Medical Clinic
    • United Home Care Service LLC / Home Health Care Service
    • Omni Health Solutions LLC / Medical Clinic

    Property Details for 1122 Gray Hwy

    Year built
    1962
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.59 lot acres
    Property size
    15,616 SF
    Zone code
    C-4
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    R064-0244
    APU
    R0640244

    Description

    This exceptional redevelopment opportunity presents a 15,616 square foot office building situated on a 0.59-acre lot at 1122 Gray Highway in Macon, Georgia, 31201. Currently operating as the Middle Georgia Medical Complex, this property offers significant potential for repurposing. Built in 1962, the building boasts 100% occupancy and is priced at $800,000, or $51.23 per square foot. The property benefits from high visibility on I-11, experiencing over 42,000 vehicles per day, and serves a robust population exceeding 158,000 within a 10-mile radius. The site includes 67 parking spaces. Permitted uses are diverse and include, but are not limited to, professional office buildings, automobile service stations, car washes, museums, and hotels (minimum 40,000 sq ft lot). This below-replacement-cost investment presents a strong return potential. Seller financing is available. The property's location within Macon, GA, places it near key economic drivers such as aerospace, advanced manufacturing, food processing, healthcare, professional services, and warehouse/distribution. This is a prime opportunity for investors seeking a high-impact redevelopment project in a thriving market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,464,000
      Market price range: $1.46M - $2.94M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $2,005,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Macon
    County
    Bibb
    State
    Georgia
    Longitude
    -83.6178
    Latitude
    32.8562
    CBSA code
    31420
    CBSA name
    MACON, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,133
    $62,160
    $246,185
    $308,345
    -
    $155,400
    $615,463
    $770,863
    More about this property
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