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Property profile & analytics
OFF-MARKET
Estimated value
$2,180,000
Medical Office Space
4050 Riverside Dr Macon, GA 31210-1805
Entity Owned
7-yr Hold
Free & Clear
Property ID
US22-2493951
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2013
Construction
CONCRETE BLOCKS
Total area
19,224 SF
Lot
3.35 ac (145,926 SF)
Zoning code
C-2
APN
N041-0034
UPID
US22-2493951
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
Current use
Occupant on record · Public records
-
Vision Eye Group Ophthalmologist
-
Eye Physicians Professional Association- Vision Eye Care Medical Clinic Ophthalmologist
-
First Look Opticians Ophthalmologist (Bike/Boat/Book/etc) Store
-
Dr. David W. Boone Ophthalmologist
-
Dr. Jeffery Hinson Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.03M
Blend (final)
Blend
$2.18M
Owner & transaction history
Riverside Ownership Group LLC · 7 yrs held
Riverside Ownership Group LLC
since 2019
5 recorded transactions
Zoning & alternative use
C-2 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.1M
+25.0%
Commercial (general)
$2.9M
+15.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Macon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macon submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,465,000
Current use
RESTAURANT
$3,085,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,855,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$2.18M
Range $1.96M – $2.40M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$113 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$47,486
Tax year 2023
Assessed value
$1,603,117
Assessed 2023
Previous assessed
$1,603,117
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$262,534
Assessed improvement
$1,340,583
Land market value
$656,335
Improvement market value
$3,351,458
Total market value
$4,007,793
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2013
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
19,224 SF
Lot
3.35 ac (145,926 SF)
Zoning code
C-2
APN
N041-0034
UPID
US22-2493951
Jurisdiction
BIBB
Zoning & alternative use
C-2 · Macon, GA
Zoning C-2 · permitted uses
C-2 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.5M
RESTAURANT
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$2.9M
MEDICAL BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
3.35 ac
Current owner
From public records · entity-resolved
Riverside Ownership Group LLC
Entity
Free & Clear · 7 yrs held
Mailing address
8043 RIVOLI RD, BOLINGBROKE, GA 31004-3001
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2019
$2,450,000
Riverside Ownership Group LLC
Atlas Nc I Spe LLC
Limited Warranty Deed
—
Jan 3, 2012
$200,000
Haremu Holdings LLC
C & P Co LLP
Warranty Deed
—
Dec 29, 2011
$200,000
Haremu Holdings LLC
C&p Co LLP
Grant Deed
related
—
Dec 27, 2011
$25,000
Haremu Holdings LLC
Hill,monroe T
Grant Deed
related
—
—
—
Haremu Holdings LLC
—
Deed Of Trust
related
$1,831,000 · Georgia Small Business Lender
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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