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Property profile & analytics
OFF-MARKET
High-rise multifamily apartments

4140 Arkwright Rd Macon, GA 31210

9.44 ac lot
Entity Owned 5-yr Hold
Property ID
US22-2228081
Property summary
AI-generated overview

This exceptional 9.44-acre property, located in North Macon at 4140 Arkwright Road, presents a unique investment opportunity. Boasting 182 feet of frontage on Arkwright Road and 398 feet on Sheraton Drive, this strategically positioned parcel offers unparalleled access and visibility. Situated between two major interstate interchanges (Arkwright Road & Riverside Drive), the site enjoys convenient proximity to a wealth of amenities, including shopping centers, restaurants, hotels, and financial institutions. Just six miles from downtown Macon, this location provides both suburban tranquility and urban convenience. The property is identified as Parcel N030-0008 and is currently zoned Agricultural, presenting significant potential for future development. This versatile land is suitable for a variety of uses, including multifamily housing or office development, making it an attractive prospect for investors seeking high-growth potential in a thriving market. The asking price for this remarkable property is $566,400. Don't miss this chance to acquire a substantial tract of land in a prime Macon location. Serious inquiries only.

Property profile
Verified
Property type High-rise multifamily apartments
Lot 9.44 ac (411,206 SF)
APN N030-0008
UPID US22-2228081
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sherton Dr Investment Group LLC · 5 yrs held
Sherton Dr Investment Group LLC
since 2021
2 recorded transactions
2021
$58,125
2021
$96,875
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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