Technical
Financial
Distress signals
Property profile

3198 Mercer University Dr Macon, GA 31204

OFF-MARKET
Grocery and convenience stores
Property ID
US22-2407091
1,914 SF 0.42 ac lot Built 1966
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1966
Construction STEEL FRAME
Total area 1,914 SF
Lot 0.42 ac (18,295 SF)
Zoning code C-2
APN N084-0204
UPID US22-2407091

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
  • Grocery & Convenience Store

Location

3198 Mercer University Dr Macon, GA 31204-5166
Macon metro Census 12500 MACON, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$895k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$890k

Owner & transaction history

since 2021
Last sale
$1.0M
3 recorded transactions
2021
$1.0M
2011
Price N/A
1969
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

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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