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Property profile & analytics

240 Industrial Blvd Macon, GA 31216-7671

  • Office Properties & Spaces
  • 11,200 SF
  • 5.60 lot acres
OFF-MARKET
Last Sale
Jan 27, 2023
$1,100,000
Value Estimations
$1,035,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US22-2284582
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.

Current Use by Public Records

  • Hardy-Built Fasteners / Building Supply / Construction Company

Property Details for 240 Industrial Blvd

Year built
1998
Construction
FRAME
Lot size
5.60 lot acres
Property size
11,200 SF
Zone code
M-1
Property type
Office Properties & Spaces
APN
P150-0018
APU
P1500018

Description

This Macon, Georgia property offers a total of 18,372 square feet of versatile warehouse and flex space, ideally suited for a variety of industrial uses. The property comprises two buildings situated on a 5.6-acre lot with ample asphalt paved parking for 44 employees. Building 1, totaling 10,271 square feet, features 2,256 square feet of office space including five private offices, a break room, reception area, training room, equipment room, and two restrooms. The warehouse portion of Building 1 offers 8,015 square feet with two 10' x 10' drive-in doors and ceiling clearances ranging from 12' to 15'. Building 1 is available for lease separately at $7.95 per square foot, NNN. Building 2, a 8,101 square foot structure, includes 1,024 square feet of office space on two levels, with two private offices, a conference room, training room, mechanical room, and one restroom. Its warehouse area spans 7,077 square feet, featuring two 10' x 10' drive-in doors and one 18' x 18' drive-in door, with ceiling clearances of 22' to 24'. Both buildings boast metal exterior walls and roofs, sheetrock walls and ceilings, fluorescent lighting, and are 100% air-conditioned. Each building has 400 AMP, 3-phase power. Building 1 was constructed in 1998 and features a partial brick veneer front. Building 2 was built in 2008, with its roof approximately five years old. A freestanding dock truck pit conveniently separates the two buildings. The property is zoned M-1, Light Industrial, and offers excellent access and visibility. Neither building has a sprinkler system.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $965,000
    ML approach
    $1,035,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $968,000
    Market price range: $560k - $1.81M
    AI Estimate
    $1,038,000
    Market price range: $428k - $1.88M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,080,000
    Current use
    MEDICAL BUILDING
    $1,435,000
    Change: +33% Conversion: Easy
    RETAIL STORES
    $990,000
    Change: -8% Conversion: Easy
    NEIGHBORHOOD: SHOPPING CENTER
    $935,000
    Change: -13% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Macon
County
Bibb
State
Georgia
Longitude
-83.6622
Latitude
32.6962
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
$10,689
$48,480
$312,367
$360,847
-
$121,200
$780,918
$902,118
More about this property
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