Technical
Financial
Distress signals
Property profile

3260 Mercer University Dr Macon, GA 31204

FOR SALE
Outlet malls
Property ID
US22-2509798
27,744 SF 3.99 ac lot Built 2002
Entity Owned 4-yr Hold ~ Est. High Equity
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3260 Mercer University Dr, Macon, GA 31204 For Sale
Contact for pricing 27,744 SF
3260 Mercer University Dr, Macon, GA 31204
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Property summary

AI-generated overview

This exceptional 25,300-square-foot commercial property in Macon, Georgia, presents a unique investment opportunity. Located at 3260 Mercer University Drive, this single-tenant building boasts excellent visibility with a 325-foot frontage on a busy thoroughfare. The property features a spacious 14,370-square-foot retail/showroom area and a substantial 10,930-square-foot warehouse. The warehouse offers impressive features including 22-foot wall height, clear ceilings ranging from 18 feet 2 inches to 19 feet 2 inches, two leveling docks, and two docks with bumpers. Four 10' x 12' overhead doors (two motorized, two hand-cranked) provide convenient access. The building also includes a well-appointed office, break/dining room, and three bathrooms. Ample parking is provided with 65 spaces directly in front. The property sits on four acres, allowing for potential expansion. The building is equipped with 110-volt power, a 600-amp, 3-phase/4-wire panel, and fiber internet throughout. Convenient ingress/egress is facilitated by side streets on both sides of the building. The property is zoned C-2, General Commercial District, in Bibb County (APN: N084-0101) and was built in 2002. This is a Class C, single-story building. The property's previous use was as a Salvation Army building. This property offers significant potential for a variety of commercial uses.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2002
Construction CONCRETE BLOCKS
Total area 27,744 SF
Lot 3.99 ac (173,804 SF)
Zoning code C-2
APN N084-0101
UPID US22-2509798

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
  • Car Rental Facility

Location

3260 Mercer University Dr Macon, GA 31204
Macon metro Census 12500 MACON, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$955k

Owner & transaction history

since 2021
Last sale
$1.1M
1 recorded transaction
2021
$1.1M

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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