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Property profile & analytics
FOR SALE
Office Spaces
1711 Key St Macon, GA 31204
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2648781
For Sale
1 / 5
$695,000
1711 Key St, Macon, GA 31204
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1984
Total area
3,978 SF
Lot
0.95 ac (41,382 SF)
Zoning code
C-2
APN
O083-0259
UPID
US22-2648781
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
-
Car-Mart of Macon Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$420k
Blend (final)
Blend
$510k
Owner & transaction history
K & B Petroleum INC · 7 yrs held
K & B Petroleum INC
since 2019
7 recorded transactions
Zoning & alternative use
C-2 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$510,000
+64.0%
Neighborhood: shopping center
$330,000
+6.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$580,000
7%
$535,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$310,000
Current use
MEDICAL BUILDING
$510,000
Change: +64% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$330,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$128 / 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
$5,234
Tax year 2023
Assessed value
$176,697
Assessed 2023
Previous assessed
$176,697
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$86,902
Assessed improvement
$89,795
Land market value
$217,256
Improvement market value
$224,488
Total market value
$441,744
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
For Sale
Year built
1984
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
3,978 SF
Lot
0.95 ac (41,382 SF)
Zoning code
C-2
APN
O083-0259
UPID
US22-2648781
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
COMMERCIAL (GENERAL) Current
Est. value
$310,000
MEDICAL BUILDING
Est. value
$510,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$330,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1984
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.95 ac
Current owner
From public records · entity-resolved
K & B Petroleum INC
Entity
Free & Clear · 7 yrs held
Mailing address
MENOMONEE FALLS, WI 53051
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2019
—
K & B Petroleum INC
Capital Cty Bk
Quit Claim Deed
related
—
Mar 4, 2019
—
K & B Petroleum INC
State Of Ga
Quit Claim Deed
related
—
Feb 20, 2019
$350,000
3a Investment Of Georgia LLC
K & B Petroleum INC
Grant Deed
—
Dec 9, 2014
$285,000
K & B Petroleum INC
Ameris Bank INC
Limited Warranty Deed
$135,000 · Capital City Bank
Jun 24, 2014
—
Ameris Bk
Moss Holdings LLC
Deed In Lieu Of Foreclosure
related
—
Dec 3, 2007
$1,000,000
Moss Holdings LLC
Empire Land Holdings LLC
Warranty Deed
$85,000 · Central Bank Of Georgia
—
—
Moss Holdings LLC
—
Loan Modification
related
$785,501 · Central Bank Ga
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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