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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Medical Office Space
1625 Hardeman Ave Macon, GA 31201-1417
Entity Owned
10-yr Hold
Free & Clear
Property ID
US22-2174491
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Construction
CONCRETE BLOCKS
Total area
5,600 SF
Lot
0.68 ac (29,621 SF)
Zoning code
C-2
APN
Q073-0163
UPID
US22-2174491
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
-
Barnes Orthopedic Center Physician
-
Georgia Kidney Institute Medical Clinic
-
NxStage Kidney Care Medical Clinic
-
Children's Orthopedics and Sports Medicine - Macon Physician
-
Joshua Young Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$710k
Owner & transaction history
Miramar Real Estate Group LLC · 10 yrs held
Miramar Real Estate Group LLC
since 2015
5 recorded transactions
Zoning & alternative use
C-2 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$900,000
+25.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$720,000
Current use
RESTAURANT
$900,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±10%
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
$127 / 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
$13,328
Tax year 2023
Assessed value
$449,946
Assessed 2023
Previous assessed
$449,946
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$42,915
Assessed improvement
$407,031
Land market value
$107,287
Improvement market value
$1,017,577
Total market value
$1,124,864
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2016
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Stories
1
Total area
5,600 SF
Lot
0.68 ac (29,621 SF)
Zoning code
C-2
APN
Q073-0163
UPID
US22-2174491
Jurisdiction
BIBB
Zoning & alternative use
C-2 · Macon, GA
Zoning C-2 · permitted uses
C-2 · 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
MEDICAL BUILDING Current
Est. value
$720,000
RESTAURANT
Est. value
$900,000
MEDICAL BUILDING Current
RESTAURANT
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
2016
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Miramar Real Estate Group LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 4727, MACON, GA 31208-4727
Ownership since
2015
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
Feb 5, 2021
—
Miramar Real Estate Group LLC
—
Deed
related
$1,156,000 · Planters First Bank
Dec 1, 2015
—
Miramar Real Estate Group LLC
Jaree Real Estate Group LLC
Grant Deed
related
—
Jul 22, 2015
—
Mirimar Real Estate Group LLC
Jaree Real Estate Group LLC
Limited Warranty Deed
—
Mar 5, 2015
—
Jaree Real Estate Group LLC
Ellis Reuben K
Quit Claim Deed
related
—
Feb 13, 2015
$120,000
Reuben K Ellis
Kapadia Bharat & Bhavna
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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