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    1608 Bass Rd Macon, GA 31210-6503
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    1608 Bass Rd Macon, GA 31210-6503

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    • Grocery and convenience stores
    • 6,476 SF
    • 1.99 lot acres
    Off-Market
    Property ID
    US22-2055844
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,105,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dairy Queen Grill & Chill / Restaurant / Take-out & Catering
    • Bitcoin Depot - Bitcoin ATM / Atm / Crypto Atm
    • Circle K Charging Station / Electric Vehicle Charging Station
    • Circle K / Grocery & Convenience Store

    Property Details for 1608 Bass Rd

    Year built
    2012
    Construction
    CONCRETE BLOCKS
    Lot size
    1.99 lot acres
    Property size
    6,476 SF
    Zone code
    C-4
    Property type
    Grocery and convenience stores
    APN
    K003-0010
    APU
    K0030010

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,190,000
      6.5%
      $1,100,000
      7%
      $1,020,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $853,000
      Market price range: $525k - $853k

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,040,000
      COMMERCIAL (GENERAL)
      $960,000
      MEDICAL BUILDING
      $830,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Macon
    County
    Bibb
    State
    Georgia
    Longitude
    -83.7335
    Latitude
    32.9275
    CBSA code
    31420
    CBSA name
    MACON, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,814
    $512,011
    $393,233
    $905,244
    -
    $1,280,027
    $983,083
    $2,263,110

    Comparable in this City

    • Value Estimation
      $1,815,000
      5,772 SF

      1607 Bass Rd

      CONVENIENCE STORE • 5,772 SF
      1607 Bass Rd, Macon, GA 31210-6501
      View Details
    • Value Estimation by Request
      3,750 SF

      3910 Arkwright Rd

      CONVENIENCE STORE • 3,750 SF
      3910 Arkwright Rd, Macon, GA 31210-1703
      View Details
    • Value Estimation by Request
      1,568 SF

      260 Tom Hl Sr Blvd

      CONVENIENCE STORE • 1,568 SF
      260 Tom Hl Sr Blvd, Macon, GA 31210-1815
      View Details
    • Value Estimation by Request
      2,670 SF

      5127 Mercer University Dr

      CONVENIENCE STORE • 2,670 SF
      5127 Mercer University Dr, Macon, GA 31210-4053
      View Details
    • Value Estimation
      $740,000
      2,064 SF

      4161 Ayers Rd

      CONVENIENCE STORE • 2,064 SF
      4161 Ayers Rd, Macon, GA 31210
      View Details
    • Value Estimation by Request
      2,623 SF

      4433 Forsyth Rd

      CONVENIENCE STORE • 2,623 SF
      4433 Forsyth Rd, Macon, GA 31210-4525
      View Details

    Similar Nearby for Sale

    • $500,000
      4,755 SF

      Retail Space Near I-75

      4,755 SF retail space for sale off I-75.
      3964 River Place Dr, Macon, GA 31210
      View Details
    • $995,000
      7,480 SF

      Macon Commercial Building Opportunity

      7,480 SF building in a rapidly developing area.
      2080 Bowman Park, Macon, GA 31210
      View Details
    • $600,000

      Mercer University Drive Investment Opportunity

      Profitable salon suites with leaseback in high-traffic Macon corridor.
      4849 Mercer University Dr, Macon, GA 31210
      View Details
    • Contact for pricing

      Prime Commercial Land I-75 Visibility

      Land suitable for hotel, retail, or restaurant development.
      130 Starcadia Cir, Macon, GA 31210
      View Details
    • Contact for pricing
      7,163 SF

      Restaurant Building Near Interstate 75

      7,163 SF restaurant building located off I-75 in Macon, GA.
      3951 Arkwright Rd, Macon, GA 31210
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,400 SF

      Freestanding Building on Riverside Drive

      3,400 SF retail building with convenient freeway access.
      3960 Riverside Dr, Macon, GA 31210
      View Details
    • $12 SF/Yr
      1,200 SF

      Storefront Retail Space Available

      1,200 SF storefront retail space for lease.
      4406 Mercer University Dr, Macon, GA 31210
      View Details
    • Contact for pricing
      4,061 SF

      Retail Space Available For Rent

      Retail space available for rent in Macon, Georgia.
      175-209 Tom Hill Sr Blvd, Macon, GA 31210
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in North Macon Plaza

      Retail space available in a busy shopping center.
      1625 Bass Rd, Macon, GA 31210
      View Details
    • Contact for pricing
      900 SF

      Retail Space Available For Rent

      900 SF retail space available for rent in Macon, GA.
      157-163 Tom Hill Sr Blvd, Macon, GA 31210
      View Details
    • Contact for pricing
      2,760 SF

      Retail Space in Macon, GA

      Retail space available for lease in Macon, Georgia.
      205 Charter Ln, Macon, GA 31210
      View Details

    Property Visit Statistics

    • Visits by month
      69.5k
    • Visitors by month
      47.1k
    • Avg Time on site
      10 min
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    Macon, GA 31210-6503
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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