Technical
Financial
Distress signals
Property profile

385 Coliseum Dr Macon, GA 31217

OFF-MARKET
Grocery and convenience stores
Property ID
US22-3933905
4,500 SF 0.7 ac lot Built 2021
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2021
Construction STEEL FRAME
Total area 4,500 SF
Lot 0.7 ac (30,492 SF)
Zoning code C-2
APN R072-0891
UPID US22-3933905

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
  • Restaurant
  • Gas Station
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice

Location

385 Coliseum Dr Macon, GA 31217
Macon metro Census 13800 MACON, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$765k
Comparable Approach Comparable
$480k
Blend (final) Blend
$240k

Owner & transaction history

since 2019
3 recorded transactions
2021
Price N/A
2019
$108,200
2019
Price N/A

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
Top alternative use upside
Medical building $575,000 +53.5%
Commercial (general) $435,000 +15.3%
Retail stores $395,000 +5.5%

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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