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4123 Arkwright Rd Macon, GA 31210

OFF-MARKET Office Spaces Google Maps
2 ac lot
Individually Owned 9-yr Hold
Estimated value
No estimation on file for this property yet.
Property ID US22-2252145

Property summary

AI-generated overview

This exceptional investment opportunity encompasses two adjacent parcels totaling approximately 2 acres of land in Macon, Georgia, situated at 4123 Arkwright Road, Bibb County, zip code 31210. The property is conveniently located at the main entrance to the River North Subdivision. One parcel, measuring 1.24 acres (±), boasts 343.8 feet (±) of frontage on Arkwright Road and a depth of approximately 115 feet (±) to the Norfolk Southern railroad right-of-way. This unimproved lot is zoned Agricultural and is not located within a floodway. Public sewer access is available across the railroad right-of-way, with all other utilities readily accessible. The second parcel, encompassing 0.76 acres (±), features 539.9 feet (±) of Arkwright Road frontage. This wooded, undeveloped land is also zoned Agricultural, with all public utilities readily available. However, portions of this parcel may fall within a floodplain, according to FEMA maps. The combined asking price for both parcels is $100,000. This presents a unique opportunity for development or agricultural use in a desirable location. The latitude and longitude coordinates are 32.91226 and -83.691835 respectively.

Property profile

Verified
Property type Office Spaces
Lot 2 ac (87,120 SF)
UPID US22-2252145

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

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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