3996 Mercer University Dr Macon, GA 31204
This 3.94-acre commercial property at 3996 Mercer University Drive in Macon, Georgia (zip code 31204), offers a unique redevelopment opportunity or the chance to utilize existing structures. The property includes a main building estimated at 2,208 square feet, featuring a decorative tin ceiling, and two additional on-site buildings. Building 1 offers 1,104 square feet with a potential upper-level living space (1 bed/1 bath). Building 2 provides storage space. The property is being sold "as is." Built in 1924, this mixed-use property is zoned for various commercial uses, including light industrial, event planning, catering services, medical offices (doctor/dentist), or creative office space. Its prime location offers easy access to I-475 and is minutes from I-75, making it ideal for businesses needing convenient highway access. The asking price is $300,000. Multiple use options exist due to the size of the lot and existing buildings. This is a motivated seller situation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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