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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Banks
4219 Forsyth Rd Macon, GA 31210-4807
Trust Owned
15-yr Hold
Free & Clear
Property ID
US22-2228051
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2001
Construction
CONCRETE BLOCKS
Total area
16,073 SF
Lot
1.69 ac (73,616 SF)
Zoning code
PDE
APN
N061-0001
UPID
US22-2228051
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
-
State Bank & Trust Company Bank Loan Service
-
Cadence Bank Bank Loan Service
-
Cadence Bank - Forsyth Road Interactive Drive-thru Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$994k
Blend (final)
Blend
$720k
Owner & transaction history
State Bk & Trust Co · 15 yrs held
State Bk & Trust Co
since 2011
1 recorded transaction
Zoning & alternative use
PDE · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Planning & Zoning Commission
Top alternative use upside
Office building
$1.0M
+2.8%
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
$445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$985,000
Current use
OFFICE BUILDING
$1,015,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$945,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$45 / 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
$43,420
Tax year 2023
Assessed value
$1,465,842
Assessed 2023
Previous assessed
$1,465,842
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$218,670
Assessed improvement
$1,247,172
Land market value
$546,676
Improvement market value
$3,117,930
Total market value
$3,664,606
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2001
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Stories
2
Total area
16,073 SF
Lot
1.69 ac (73,616 SF)
Zoning code
PDE
APN
N061-0001
UPID
US22-2228051
Jurisdiction
BIBB
Zoning & alternative use
PDE · Macon, GAZoning PDE · permitted uses
PDE · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning & Zoning Commission
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$985,000
OFFICE BUILDING
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$945,000
FINANCIAL BUILDING Current
OFFICE BUILDING
MEDICAL BUILDING
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
2001
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.69 ac
Current owner
From public records · entity-resolved
State Bk & Trust Co
Trust
Free & Clear · 15 yrs held
Mailing address
PO BOX 4748, MACON, GA 31208-4748
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2011
—
State Bk & Trust Co
Security Bk Of Bibb Cnty
Grant Deed
related
—
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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