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Property profile & analytics
OFF-MARKET Estimated value $1,335,000
Medical Office Space

1122 Gray Hwy Macon, GA 31211-1869

15,616 SF 0.59 ac lot Built 1962
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US22-2178817
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1962
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,616 SF
Lot 0.59 ac (25,700 SF)
Zoning code C-4
APN R064-0244
UPID US22-2178817
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
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$1.34M
Owner & transaction history
Chijan Enterprises LLC · 3 yrs held
Chijan Enterprises LLC
since 2023
2 recorded transactions
2023
$490,000
2022
$205,000
Zoning & alternative use
C-4 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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