Property profile

240 Sheraton Blvd Macon, GA 31210

OFF-MARKET
Medical Office Space
Property ID
US22-2400320
5,631 SF 1.5 ac lot Built 2004
Entity Owned 7-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2004
Construction FRAME
Total area 5,631 SF
Lot 1.5 ac (65,340 SF)
Zoning code C-2
APN M030-0105
UPID US22-2400320

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Employment Agency
  • Employment Agency

Location

240 Sheraton Blvd Macon, GA 31210-1358
Macon metro Census 13411 MACON, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$901k
Blend (final) Blend
$675k

Owner & transaction history

since 2019
4 recorded transactions
2020
Price N/A
2019
$565,000
2008
$1.3M
2007
Price N/A

Zoning & alternative use

C-2 · Macon, GA
Zoning description

hapter 8 - R-1AAA and R-1AAAA Single Family Chapter 9 - R-1AA, R-1A, and R-1 Single Family Chapter 10 - R-2A and R-2 Two-Family Chapter 11 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 -…

General category COMMERCIAL
Top alternative use upside
Restaurant $905,000 +25.0%
Commercial (general) $835,000 +15.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 240 Sheraton Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message