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Financial
Distress signals
Property profile

391 2Nd St Macon, GA 31201

FOR SALE
Investment properties
Property ID
US22-2522547
6,732 SF 0.05 ac lot Built 1892
Last sale Dec 2018 · $247,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 6,732 square foot, three-story retail and office building is situated in the heart of Downtown Macon, Georgia, at 391 Second Street. Boasting a prime location near the intersection of Cherry Street and Second Street, this property offers unparalleled access to a vibrant urban environment. The building features approximately 2,244 square feet per floor, with the first floor finished and the second and third floors currently unfinished, presenting a unique opportunity for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$126k
Assessed land$18k
Assessed improvement$108k
Effective rate3.46%

Value estimate

· Oct 2026
$225k
$203k – $248k
AI approach$225k
NOI build-up
Gross scheduled income$86
Vacancy & credit loss−$4
Operating expenses−$24
NOI · 0.01% cap applied$57

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$76/SF
ZIP average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$40 – $121
Qualifying comparables7

Cap rate analysis

How does the asset earn?
0.01%
$57 estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CBD-1
District is intended to promote an harmonious tenant mix and to encourage an environment which complements both residential and business ...
General categoryCOMMERCIAL
JurisdictionBIBB

Location intelligence

Which uses thrive at this corner?
Best fit: Catering Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Catering Service8.3
Home Appliance Store8.0
Laundromat7.9

Location

391 2Nd St Macon, GA 31201
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
524 Mulberry, Macon, GA 31201-2713 $175,000 Apr 2025 5,600 SF
570 Mulberry, Macon, GA 31201-2768 $2,075,000 Aug 2023 8,400 SF
614 Poplar, Macon, GA 31201-2723 $1,764,000 Apr 2023 5,580 SF
530 Poplar, Macon, GA 31201-2717 $882,500 Oct 2022 7,200 SF
524 Poplar, Macon, GA 31201-2717 $882,500 Oct 2022 5,250 SF
557 Cherry, Macon, GA 31201-2755 $434,281 Oct 2020 6,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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