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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Strip malls
1550 Frst Hl Rd Macon, GA 31210
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2516202
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Total area
8,950 SF
Lot
1.59 ac (69,260 SF)
Zoning code
C-1
APN
M043-0234
UPID
US22-2516202
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$530k
Blend (final)
Blend
$695k
Owner & transaction history
Forest Hill Prop Investment Group L · 5 yrs held
Forest Hill Prop Investment Group L
since 2021
Last sale
$800,000
5 recorded transactions
Zoning & alternative use
C-1 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
District Chapter 7 - Rural Residential District Chapter 8 - R-1AAA and R-1AAAA Single Family Chapter 9 - R-1AA, R-1A, and R-1 Single Family Chapter 10 - R-2A and R-2 Two-Family Chapter 11 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 - C-2 General Commercial District Chapter 13A - CBD-1 Central Business District Chapter 13B -…
Zone name
Neighborhood Commercial District
General category
COMMERCIAL
Zone area
364.62 ac
Source
Planning & Zoning Commission
Top alternative use upside
Medical building
$1.2M
+53.5%
Retail stores
$790,000
+5.5%
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
$695,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$750,000
Current use
MEDICAL BUILDING
$1,150,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$790,000
Change: +6% · Conversion: Easy
INDUSTRIAL (GENERAL)
$680,000
Change: -9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$625,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $800k (May 6 2021)
Last sale anchor
$800k
May 6 2021
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
$78 / 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
$8,213
Tax year 2023
Assessed value
$216,709
Assessed 2023
Previous assessed
$216,709
+0.0% YoY
Effective rate
3.79%
On assessed value
Assessed land
$131,612
Assessed improvement
$85,097
Land market value
$329,031
Improvement market value
$212,742
Total market value
$541,773
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1980
Heating
NONE
Cooling
YES
Stories
1
Total area
8,950 SF
Lot
1.59 ac (69,260 SF)
Zoning code
C-1
APN
M043-0234
UPID
US22-2516202
Jurisdiction
BIBB
Zoning & alternative use
C-1 · Macon, GAZoning C-1 · permitted uses
C-1 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
District Chapter 7 - Rural Residential District Chapter 8 - R-1AAA and R-1AAAA Single Family Chapter 9 - R-1AA, R-1A, and R-1 Single Family Chapter 10 - R-2A and R-2 Two-Family Chapter 11 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 - C-2 General Commercial District Chapter 13A - CBD-1 Central Business District Chapter 13B - CBD-2 Central Business District Chapter 14 - C-4 Highway Commercial District Chap
Zone name
Neighborhood Commercial District
General category
COMMERCIAL
Zone area
364.62 ac
Source
Planning & Zoning Commission
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$750,000
MEDICAL BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$790,000
INDUSTRIAL (GENERAL)
Est. value
$680,000
AUTO REPAIR, GARAGE
Est. value
$625,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1980
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.59 ac
Current owner
From public records · entity-resolved
Forest Hill Prop Investment Group L
Entity
Mailing address
1572 FRST HL RD, MACON, GA 31210-2334
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
May 6, 2021
$800,000
Forest Hill Prop Investment Group L
Bolingbroke Rivoli Road LLC
Warranty Deed
$600,000 · Quantum National Bank
Oct 19, 2018
—
Bolingbroke Rivoli Road LLC
Cityline Coml Hldgs LLC
Grant Deed
—
Sep 27, 2018
$440,000
Cityline Coml Hldgs LLC
Hill,monroe T & Thomas H
Grant Deed
$425,000 · Branch Bk&tr
Oct 13, 2015
—
Thomas H Hill III
Hill Amy A
Quit Claim Deed
related
—
Nov 8, 2012
—
Amy A Hill
Hill Thomas H JR Dc
Quit Claim 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.
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