Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2975 Rdg Ave Macon, GA 31204
    Back to Search
    Property profile & analytics

    2975 Rdg Ave, Macon, GA 31204

    View on Map
    • Golf courses & driving ranges
    • 902 SF
    • 3.63 lot acres
    Off-Market
    Last Sale Mar 1, 2025
    $4,700,000
    Property ID
    US22-0649614
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Golf courses & driving ranges

    Property Details for 2975 Rdg Ave

    Year built
    1987
    Construction
    FRAME
    Lot size
    3.63 lot acres
    Zone code
    R-3
    Property type
    Golf courses & driving ranges
    APN
    O071-0074
    APU
    O0710074

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 29, 2025 $4,700,000 Macon It Home LLC Sibrie LLC Deed —
    Feb 15, 2022 $3,375,000 Berkshire Village LLC Ridge Pointe Mcn LLC Limited Warranty Deed $3.2M · Colony Bank
    Nov 17, 2020 — Ridge Point Mcn LLC — Deed · related $933k · Clark Family Trust (pt)
    — — Ridge Point Mcn LLC — Loan Modification · related $933k · Clark Family Trust (pt)

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Macon
    County
    Bibb
    State
    Georgia
    Longitude
    -83.6696
    Latitude
    32.8498
    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
    $31,614
    $94,380
    $696,535
    $790,915
    -
    $235,950
    $1,741,337
    $1,977,287

    Comparable in this City

    • Value Estimation
      $715,000
      3,928 SF

      1075 Southshore Pl

      COUNTRY CLUB
      1075 Southshore Pl, Macon, GA 31204
      View Details
    • Value Estimation
      $1,710,000
      3,500 SF

      1660 Anthony Rd

      COUNTRY CLUB
      1660 Anthony Rd, Macon, GA 31204
      View Details
    • Value Estimation by Request
      2,409 SF

      2951 Napier Ave

      COUNTRY CLUB
      2951 Napier Ave, Macon, GA 31204-3830
      View Details
    • Value Estimation
      $675,000
      3,766 SF

      2131 Vineville Ave

      RECREATIONAL, ENTERTAINMENT
      2131 Vineville Ave, Macon, GA 31204-3123
      View Details
    • Value Estimation
      $570,000
      3,073 SF

      3075 Mercer University Dr

      RECREATIONAL, ENTERTAINMENT
      3075 Mercer University Dr, Macon, GA 31204
      View Details
    • Value Estimation by Request
      0.19 Acres

      970 Hillcrest Blvd

      VACANT COMMERCIAL LAND
      970 Hillcrest Blvd, Macon, GA 31204-3829
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Vineville Avenue Professional Office Space

      Professional office space on Vineville Avenue with parking and storage.
      3357 Vineville Ave, Macon, GA 31204
      View Details
    • $175,000
      8,600 SF

      Macon Commercial Property with Bays

      Commercial property suitable for auto sales or repair shop.
      3106 Hillcrest Ave, Macon, GA 31204
      View Details
    • $125,000
      Pending

      Turnkey Duplex in Macon

      Cash-flowing duplex with long-term tenant and upside potential.
      2485 Beech Ave, Macon, GA 31204
      View Details
    • Contact for pricing

      Commercial Development Site on Riverside

      1.39 acre commercial development site with utilities available.
      2149 Old Holton Rd, Macon, GA 31204
      View Details
    • Contact for pricing

      Land with Development Potential

      Land adjacent to multifamily investment with development potential.
      2765 Roy St, Macon, GA 31204
      View Details
    • $39,900
      0.25 Acres

      Residential Building Lot Opportunity

      Wooded residential lot in Macon neighborhood, suitable for building.
      3746 Overlook Dr, Macon, GA 31204
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Versatile Commercial Building in Macon

      Spacious commercial building in North Macon, suitable for various businesses.
      3282 Vineville Ave, Macon, GA 31204
      View Details
    • Contact for pricing
      2,000 SF

      Retail or Office Space Available

      600 SF retail or office space for lease.
      871-881 Lee Rd, Macon, GA 31204
      View Details
    • Contact for pricing

      Office Suites on Ingleside Avenue

      Office suites for lease with high visibility and convenient location.
      2484 Ingleside Ave, Macon, GA 31204
      View Details
    • Contact for pricing
      429 SF

      Offices on Ingleside Avenue

      Multiple office suites available for rent on Ingleside Avenue.
      2484 Ingleside Ave, Macon, GA 31204
      View Details
    • Contact for pricing

      Westside Business Center Flex Space

      Flex, industrial, and office spaces available for rent.
      3100 Mercer University Dr, Macon, GA 31204
      View Details
    • Contact for pricing
      1,150 SF

      Retail Space in Ingleside Village

      Retail space for lease in a lively, community-focused environment.
      2308 Ingleside Ave, Macon, GA 31204
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2975 Rdg Ave
    Macon, GA 31204
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2975 Rdg Ave, Macon, GA, 31204
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!