4425 Pio Nono Ave Macon, GA 31206-2730
- Outlet malls
- 10,842 SF
- 1.29 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 4425 Pio Nono Ave
- Year built
- 1955
- Lot size
- 1.29 lot acres
- Property size
- 10,842 SF
- Zone code
- M-1
- Property type
- Outlet malls
- APN
- O104-0013
- APU
- O1040013
Description
This exceptional Macon, Georgia investment opportunity comprises two industrial buildings totaling 22,800 square feet of rentable space, situated on approximately 1.29 to 2.99 acres of land. The property, located at 4415-4425 Pio Nono Avenue, boasts a desirable M-1 zoning, allowing for versatile usage. One building features 1,600 square feet of heated retail/office space seamlessly integrated with a 9,200 square foot heated warehouse. A significant 12,000 square foot lean-to provides ample covered outdoor workspace. The property benefits from a high traffic count of 28,700 vehicles daily on Pio Nono Avenue, and is conveniently located half a mile from Interstate 75, ensuring excellent accessibility. Built in 1955 and 1983, the buildings are equipped with water, sewer, power, phone, and gas utilities. The asking price is $1,200,000, representing a compelling 8.00% cap rate and a price per square foot of $65.79. This is a rare chance to acquire a substantial, adaptable industrial property in a prime Macon location. The property is offered as a single tenancy, gross lease. The total square footage is between 10,800 and 12,000 square feet, with a net rentable area of 22,800 square feet. Potential for truck parking is available.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.666
- Latitude
- 32.7813
- CBSA code
- 31420
- CBSA name
- MACON, GA METROPOLITAN STATISTICAL AREA
