Property profile

4162 Sheraton Dr Macon, GA 31210

OFF-MARKET
Commercial land
Property ID
US22-2343494
3.37 ac lot
Individually Owned 15-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3.37-acre development site in Macon, Georgia, presents a unique investment opportunity. Located on Sheraton Drive, this R-3 zoned property boasts 386 feet of frontage on Sheraton Drive and an impressive 498 feet of frontage on Interstate 75, ensuring high visibility and accessibility. Its strategic location is just one mile south of the Shoppes @ River Crossing, providing convenient access to retail and amenities. The property benefits from excellent traffic counts, with approximately 17,000 average daily vehicles on Arkwright Road and Riverside Drive, and a substantial 42,100 average daily vehicles on Interstate 75. The R-3 zoning permits the development of multi-family residential units or a professional office park, offering flexibility for various development plans. All utilities are available on-site. This prime location is further enhanced by its proximity to Interstate 75, situated between the Riverside Drive and Arkwright Road exits. The property's neighboring businesses include Pin Strikes Macon, Infinity of Macon, Groome Transportation, and a Courtyard by Marriott, indicating a thriving and established commercial area. The asking price for this exceptional property is $370,700. This is a rare opportunity to acquire a highly desirable development site in a rapidly growing area.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 3.37 ac (146,797 SF)
Zoning code R-3
APN M030-0082
UPID US22-2343494

Cap rate & NOI

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

Location

4162 Sheraton Dr Macon, GA 31210-1711
Macon metro Census 13411 MACON, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R-3 · Macon, GA
Zoning description

icts Chapter 6 - Agricultural District Chapter 7 - Rural Residential District Chapter 8 - R-1AAA and R-1AAAA Single Family Chapter 9 - R-1AA, R-1A, and R-1 Single Family Chapter 10 - R-2A and R-2 Two-Family Chapter 11 -…

General category RESIDENTIAL

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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