Technical
Financial
Distress signals
Property profile

2929 Lanier Hts Rd Macon, GA 31217

OFF-MARKET
Outlet malls
Property ID
US22-2328130
3,858 SF 1.41 ac lot Built 2002
Entity Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

This Macon, Georgia industrial property, located at 2929 Lanier Heights Rd, 31217, offers a versatile 5,000 square foot single-tenant warehouse space available January 2025. The building, constructed in 2003, features a 1-story design with an impressive 18-foot ceiling height. The warehouse area encompasses 2,244 square feet, complemented by a 1,156 square foot covered dock area. Loading is facilitated by one 10' x 14' dock-high door and two roll-up doors, including a 12' x 14' drive-in door. The property also includes a 1,600 square foot office space, complete with two two-fixture restrooms and HVAC. The office is constructed of concrete block with brick veneer, while the warehouse and dock are metal. The 1.41-acre lot provides ample space, with expansion potential up to 2.18 acres. The property boasts 400 AMP power and is zoned M2, Heavy Industrial. This property is ideal for a variety of industrial and commercial uses.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2002
Total area 3,858 SF
Lot 1.41 ac (61,420 SF)
Zoning code M-2
APN V083-0025
UPID US22-2328130

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
  • Production Facility

Location

2929 Lanier Hts Rd Macon, GA 31217-5794
Macon metro Census 13900 MACON, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$565k
Comparable Approach Comparable
$511k
Blend (final) Blend
$220k

Owner & transaction history

since 2008
2 recorded transactions
2008
Price N/A
1969
Price N/A

Zoning & alternative use

M-2 · Macon, GA
Zoning description

Chapter 13B - CBD-2 Central Business District Chapter 14 - C-4 Highway Commercial District Chapter 15 - C-5 Neighborhood Convenience Center District Chapter 16 - M-1 Wholesale and Light Industrial District Chapter 17 - M…

General category INDUSTRIAL
Top alternative use upside
Medical building $495,000 +45.4%
Commercial (general) $370,000 +9.3%

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
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