Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Schools
151 Madison St Macon, GA 31201-1670
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-4743811
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
2015
Total area
45,790 SF
Lot
5.14 ac (223,898 SF)
Zoning code
R-3
APN
Q071-0494
UPID
US22-4743811
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
-
Macon Charter Academy High School
-
Grow fresh local Take-out & Catering Catering Service
-
Affordable Auto Insurance Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Housing Authority Of Macon Bibb Cou · 1 yrs held
Housing Authority Of Macon Bibb Cou
since 2025
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
R-3 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,300,000
ML approach
$1,485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,350,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10% · vs last sale $1.50M (May 29 2025)
Last sale anchor
$1.50M
May 29 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
$33 / 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
$55,656
Tax year 2023
Assessed value
$1,878,924
Assessed 2023
Previous assessed
$1,878,924
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$191,163
Assessed improvement
$1,687,761
Land market value
$477,907
Improvement market value
$4,219,403
Total market value
$4,697,310
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
2015
Heating
NONE
Buildings
3
Stories
1
Total area
45,790 SF
Lot
5.14 ac (223,898 SF)
Zoning code
R-3
APN
Q071-0494
UPID
US22-4743811
Jurisdiction
BIBB
Zoning & alternative use
R-3 · Macon, GA
Zoning R-3 · permitted uses
R-3 · 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
OFFICE BUILDING
Est. value
$2.4M
OFFICE 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
2015
Heating
NONE
Stories
1
Buildings
3
Lot
5.14 ac
Current owner
From public records · entity-resolved
Housing Authority Of Macon Bibb Cou
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 247, MACON, GA 31202-0247
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2025
—
Housing Authority Of Macon Bibb Cou
Macon Bibb County
Deed
related
—
Feb 22, 2024
$1,500,000
Macon Bibb County
Rm Macon Ga LLC
Limited Warranty Deed
—
Dec 4, 2019
$1,634,252
Rm Macon Ga LLC
Education Capital Solutions LLC
Limited Warranty Deed
$450,000 · Us Bank NA
Mar 3, 2015
$357,869
Education Capital Solutions Ll
Macon Charter Academy INC
Grant Deed
—
Dec 30, 2014
$350,000
Macon Charter Academy INC
Hope Academy Of Macon INC
Grant Deed
$350,000 · Hope Academy Of Macon INC
Dec 7, 2012
$400,000
Hope Academy Of Macon INC
Sunrise Ents INC
Warranty Deed
—
Nov 15, 2012
$400,000
Hope Academy Of Macon INC
Sunrise Enterprises INC
Grant Deed
—
Apr 14, 2010
$200,000
Sunrise Ents INC Of Palm Bch Cnty
Progressive Christian Academy
Trustees Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 151 Madison St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
