2255 Gray Hwy Macon, GA 31211
- Office Properties & Spaces
- 6,886 SF
- 4.92 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 2255 Gray Hwy
- Year built
- 1968
- Lot size
- 4.92 lot acres
- Property size
- 6,886 SF
- Zone code
- C-2
- Property type
- Office Properties & Spaces
- APN
- S053-0015
- APU
- S0530015
Description
This Macon, Georgia industrial property offers 20,276 square feet of versatile space, ideal for various uses. The property comprises three buildings: a 6,886 sq ft office warehouse, a 3,000 sq ft cooler, a 5,120 sq ft rear service building, and a 5,270 sq ft freezer. Ceiling heights vary from 9 feet in the office area to 13 feet in the warehouse, freezer, and loading docks, with 10-foot ceilings in the cooler. The 4.92-acre lot is mostly paved and fenced, providing controlled access and ample space for outdoor storage, potentially accommodating semi-truck trailers. The property boasts municipal water and sewer connections. Located on Gray Highway, a major thoroughfare connecting Macon, Gray, and Milledgeville, it enjoys convenient access to Interstates 16 and 75, providing easy connectivity to Savannah and Atlanta. The property is zoned C-2 and features a triple-net (NNN) lease structure. The asking price is $950,000, with a price per square foot of $46.85. The property's APN is S053-0015.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $375,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $335,000
- Retail
- $405,000
- Mixed-Use
- $355,000
- Hospitality
- $335,000
- Educational
- $395,000
- Residential Income
- $370,000
- Energy
- $385,000
- Income-Based Land
- $320,000
- Food Service
- $355,000
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.606
- Latitude
- 32.8794
- CBSA code
- 31420
- CBSA name
- MACON, GA METROPOLITAN STATISTICAL AREA