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Property profile & analytics
OFF-MARKET
Retail space

3795 Mercer University Dr Macon, GA 31204-4836

1,400 SF 0.1 ac lot Built 1987
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US22-2281688
Property summary
AI-generated overview

This exceptional 1,400 square foot retail property, located at 3795 Mercer University Drive in Macon, Georgia (zip code 31204), presents a lucrative investment opportunity. Built in 1987, this single-story building sits on a level lot and boasts 100% occupancy. Currently configured as a convenience store and storefront, it offers versatile space ideal for a variety of retail or storage uses. The property is zoned C2, providing flexibility for future business ventures. The asking price is $250,000, translating to $178.57 per square foot. Its prime location on Mercer University Drive ensures high visibility and significant foot traffic. The building's single-unit structure simplifies management, making it an attractive owner/user investment. This is a turn-key opportunity for an established business or an entrepreneur looking to establish a presence in a thriving Macon location. The property's level layout and single-story design offer ease of access and operation. All necessary documentation, including a Certificate of Occupancy and other relevant materials, should be readily available.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Total area 1,400 SF
Lot 0.1 ac (4,356 SF)
Zoning code C-2
APN M084-0231
UPID US22-2281688
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Bibb Properties 24 LLC · 1 yrs held
Bibb Properties 24 LLC
since 2024
5 recorded transactions
2024
Price N/A
2024
Price N/A
2023
$85,000
2010
Price N/A
2010
Price N/A
Zoning & alternative use
C-2 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 - C-2 General Commercial District Chapter 13A - CBD-1 Central Business District Chapter 13B - CBD-2 Central Business District Chapter 14 - C-4…

Zone name General Commercial District
General category COMMERCIAL
Zone area 1,879.27 ac
Source Planning & Zoning Commission
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