1122 Gray Hwy Macon, GA 31211-1869
- Medical offices
- 15,616 SF
- 0.59 lot acres
Jun 09, 2023
Current Use by Public Records
- Middle Georgia Nephrolgy Assocs / Medical Clinic / Nephrologist
- Dr. Clement C. Nwosu, MD / Nephrologist
- Family Foot & Ankle Center / Medical Clinic / Podiatrist
- 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 offices
- 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 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
- -83.6178
- Latitude
- 32.8562
- CBSA code
- 31420
- CBSA name
- MACON, GA METROPOLITAN STATISTICAL AREA