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Property profile & analytics
OFF-MARKET
Estimated value
$3,900,000
Turn key restaurants
3555 Mercer University Dr Macon, GA 31204-4940
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-2509534
Property summary
AI-generated overview
Mercer Crossing Shopping Center in Macon, Georgia, offers a prime retail space opportunity. Located at 3555 Mercer University Dr, Macon, GA 31204, this Bibb County property boasts a newly renovated space, ready for immediate occupancy. Units range in size from 1,200 to 2,800 square feet, providing flexibility for various business needs. The center benefits from significant foot traffic, driven by its strategic location adjacent to established anchor tenants including Ollie's, Citi Trends, Rack Room Shoes, and Cato. Its proximity to the Macon Mall, currently undergoing major renovations including a new theater, further enhances its visibility and potential for customer draw. This revitalized shopping center presents a unique chance to establish or expand a retail business in a high-traffic area, benefiting from the ongoing revitalization efforts in the surrounding community. The property is under new ownership and has undergone a complete facelift, promising a modern and attractive retail environment. Move-in ready condition.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1986
Total area
114,773 SF
Lot
23.01 ac (1,002,316 SF)
Zoning code
C-2
APN
N083-0132
UPID
US22-2509534
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
-
G beauty Supply (Bike/Boat/Book/etc) Store Cosmetic Store
-
Citi Trends Children'S Clothing Store Discount Store
-
E butts Jr Boxing Academy Gym & Fitness Center Sports School
-
Jonte's Place Hotel & Motel Resort
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.18M
Blend (final)
Blend
$3.90M
Owner & transaction history
Macon Commercial LLC · 2 yrs held
Macon Commercial LLC
since 2024
Last sale
$3.9M
4 recorded transactions
Zoning & alternative use
C-2 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$3,900,000
ML approach
$3,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.90M
Range $3.51M – $4.29M · ±10% · vs last sale $3.90M (Apr 9 2024)
Last sale anchor
$3.90M
Apr 9 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
$34 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$38,141
Tax year 2023
Assessed value
$2,164,943
Assessed 2023
Previous assessed
$2,164,943
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$608,872
Assessed improvement
$1,556,071
Land market value
$1,522,179
Improvement market value
$3,890,178
Total market value
$5,412,357
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1986
Heating
NONE
Cooling
YES
Stories
1
Total area
114,773 SF
Lot
23.01 ac (1,002,316 SF)
Zoning code
C-2
APN
N083-0132
UPID
US22-2509534
Jurisdiction
BIBB
Zoning & alternative use
C-2 · Macon, GA
Zoning C-2 · permitted uses
C-2 · 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.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Cooling
Yes
Stories
1
Lot
23.01 ac
Current owner
From public records · entity-resolved
Macon Commercial LLC
Entity
Mailing address
213 E 25TH ST, RIVIERA BEACH, FL 33404-4522
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2024
$3,900,000
Macon Commercial LLC
Mercer Crossing Shopping Center LLC
Limited Warranty Deed
$2,925,000 · Alabama Cu
—
—
Sandy Plains Junction LLC
—
Deed Of Trust
related
$400,000 · Signature Bank Of Georgia
—
—
Street Of Shoppes LLC
—
Deed Of Trust
related
$400,000 · Signature Bank Of Georgia
—
—
Street Of Shoppes LLC
—
Loan Modification
related
$3,715,877 · Signature Bank Of Georgia
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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