3555 Mercer University Dr Macon, GA 31204-4940
- Turn key restaurants
- 114,773 SF
- 23.01 lot acres
Current Use by Public Records
- G beauty Supply / Beauty Supply Store
- Citi Trends / Shoe Store / Women'S Clothing Store
- E butts Jr Boxing Academy / Boxing Gym
- Jonte's Place / Event Venue
- U-Haul Neighborhood Dealer / Van Rental Agency / Truck Rental Agency
Property Details for 3555 Mercer University Dr
- Year built
- 1986
- Lot size
- 23.01 lot acres
- Property size
- 114,773 SF
- Zone code
- C-2
- Property type
- Turn key restaurants
- APN
- N083-0132
- APU
- N0830132
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,900,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,835,000
- 6.5%
- $3,960,000
- 7%
- $3,705,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,365,000
- Geo Method
- $3,880,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,370,000
- Retail
- $3,525,000
- Mixed-Use
- $3,720,000
- Hospitality
- $4,305,000
- Educational
- $3,845,000
- Residential Income
- $4,550,000
- Energy
- $3,590,000
- Income-Based Land
- $4,320,000
- Food Service
- $4,105,000
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.6936
- Latitude
- 32.8228
- CBSA code
- 31420
- CBSA name
- MACON, GA METROPOLITAN STATISTICAL AREA
