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Property profile & analytics
OFF-MARKET
Estimated value
$3,070,000
Office Spaces
1501 Bass Rd Macon, GA 31210-7557
Entity Owned
~
Est. High Equity
Property ID
US22-1919602
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2002
Construction
CONCRETE BLOCKS
Total area
18,358 SF
Lot
1.73 ac (75,359 SF)
Zoning code
PDE
APN
K003-0448
UPID
US22-1919602
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
-
Terry Connell Macon Realtor: Coldwell Banker Access Realty Real Estate Agency
-
Renu Datta, REALTOR Real Estate Agency
-
Ross Vaughn Real Estate Agency
-
Cynthia Alexander , Associate Broker Realtor Real Estate Agency
-
Mike Melliza Photography Mike Melliza Photography Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.40M
CAP Approach
CAP
$2.67M
Comparable Approach
Comparable
$3.74M
Blend (final)
Blend
$3.07M
Owner & transaction history
Ameris Bank
Ameris Bank
since 2025
Last sale
$4.0M
5 recorded transactions
Zoning & alternative use
PDE · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.9M
+7.9%
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
Method
Estimation
Statistic approach
$2,650,000
ML approach
$2,400,000
CAP Approach
CAP Return
Estimation
6%
$2,890,000
6.5%
$2,670,000
7%
$2,480,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,730,000
Current use
RESTAURANT
$2,945,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$2,355,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$3.07M
Range $2.76M – $3.38M · ±10% · vs last sale $4.02M (May 11 2025)
Last sale anchor
$4.02M
May 11 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$167 / SF
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
$34,023
Tax year 2023
Assessed value
$1,157,376
Assessed 2023
Previous assessed
$1,157,376
+0.0% YoY
Effective rate
2.94%
On assessed value
Assessed land
$484,490
Assessed improvement
$672,886
Land market value
$1,211,226
Improvement market value
$1,682,216
Total market value
$2,893,442
Applied tax rate
11.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2002
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Stories
1
Total area
18,358 SF
Lot
1.73 ac (75,359 SF)
Zoning code
PDE
APN
K003-0448
UPID
US22-1919602
Jurisdiction
BIBB
Zoning & alternative use
PDE · Macon, GA
Zoning PDE · permitted uses
PDE · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.7M
RESTAURANT
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.4M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.73 ac
Current owner
From public records · entity-resolved
Ameris Bank
Entity
Mailing address
1356 JACKSON ST, MACON, GA 31201-2208
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2025
$4,023,000
Ameris Bank
1501 Bass Rd Mob LLC
Deed
—
Dec 31, 2024
$2,900,000
1501 Bass Rd Mob LLC
Imperial Realty Group LLC
Deed
$600,000 · Westmoore Lending Partners IV LLC
Nov 29, 2021
$3,050,000
J Russell Lipford JR
1501 Bass LLC
Limited Warranty Deed
—
Nov 29, 2021
—
Imperial Realty Group LLC
J Russell Lipford JR
Warranty Deed
$2,287,500 · Renasant Bank
Dec 31, 2008
$982,666
Terry I Parker
Solomon,steve M IV
Warranty Deed
—
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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