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Property profile & analytics
OFF-MARKET
Estimated value
$5,450,000
Industrial properties
340 6th St Macon, GA 31201-3547
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2322301
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1900
Total area
40,232 SF
Lot
1.06 ac (46,174 SF)
Zoning code
CBD-1
APN
R081-0078
UPID
US22-2322301
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Lofts at Empire Yard Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.45M
CAP Approach
CAP
$3.91M
Comparable Approach
Comparable
$4.15M
Blend (final)
Blend
$5.45M
Owner & transaction history
Empire Yards LLC · 2 yrs held
Empire Yards LLC
since 2024
Last sale
$5.5M
6 recorded transactions
Zoning & alternative use
CBD-1 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.5M
+111.4%
Medical building
$5.2M
+69.0%
Neighborhood: shopping center
$3.4M
+10.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Macon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macon submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,450,000
ML approach
$5,450,000
CAP Approach
CAP Return
Estimation
6%
$4,235,000
6.5%
$3,910,000
7%
$3,630,000
Alternative Use
Use
Estimation
RESTAURANT
$6,455,000
Change: +111% · Conversion: Difficult
MEDICAL BUILDING
$5,160,000
Change: +69% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,365,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$5.45M
Range $4.91M – $6.00M · ±10% · vs last sale $5.45M (Mar 27 2024)
Last sale anchor
$5.45M
Mar 27 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$135 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$37,267
Tax year 2024
Assessed value
$1,164,836
Assessed 2024
Previous assessed
$1,164,836
+0.0% YoY
Effective rate
3.20%
On assessed value
Assessed land
$37,135
Assessed improvement
$1,127,701
Land market value
$92,837
Improvement market value
$2,819,253
Total market value
$2,912,090
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1900
Heating
NONE
Stories
1
Total area
40,232 SF
Lot
1.06 ac (46,174 SF)
Zoning code
CBD-1
APN
R081-0078
UPID
US22-2322301
Jurisdiction
BIBB
Zoning & alternative use
CBD-1 · Macon, GA
Zoning CBD-1 · permitted uses
CBD-1 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$6.5M
MEDICAL BUILDING
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Empire Yards LLC
Entity
Mailing address
1200 RIVERSIDE DR, MACON, GA 31201-1684
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2024
$5,450,000
Empire Yards LLC
Prodigy Holdings LLC
Warranty Deed
$4,413,123 · Robins Financial Cu
Nov 5, 2019
—
Prodigy Holdings LLC
—
Loan Modification
related
$4,151,519 · Robins FCU
Jun 25, 2013
$440,000
Prodigy Holdings LLC
U D C Realty LLC
Grant Deed
related
—
Apr 28, 2011
$104,079
Udc Realty LLC
Barnes A E III
Grant Deed
—
Jul 15, 2010
—
A E Barnes III
Harnco INC
Grant Deed
related
—
Jul 14, 2010
—
John D Comer
Harnco INC
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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