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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Investment properties
446 3rd St Macon, GA 31201-3315
Individually Owned
3-yr Hold
Free & Clear
Property ID
US22-2357410
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1900
Total area
12,750 SF
Lot
0.1 ac (4,356 SF)
Zoning code
CBD-1
APN
R073-0333
UPID
US22-2357410
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
-
Kaybee of Macon Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$818k
Blend (final)
Blend
$910k
Owner & transaction history
Scott B Bayme · 3 yrs held
Scott B Bayme
since 2023
7 recorded transactions
Zoning & alternative use
CBD-1 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+10.3%
Industrial (general)
$970,000
+0.2%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$965,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,065,000
Change: +10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$970,000
Change: +0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$890,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$820,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$71 / 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
$10,566
Tax year 2023
Assessed value
$305,203
Assessed 2023
Previous assessed
$305,203
+0.0% YoY
Effective rate
3.46%
On assessed value
Assessed land
$34,000
Assessed improvement
$271,203
Land market value
$85,000
Improvement market value
$678,007
Total market value
$763,007
Applied tax rate
12.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1900
Heating
NONE
Cooling
YES
Stories
3
Total area
12,750 SF
Lot
0.1 ac (4,356 SF)
Zoning code
CBD-1
APN
R073-0333
UPID
US22-2357410
Jurisdiction
BIBB
Zoning & alternative use
CBD-1 · Macon, GA
Zoning CBD-1 · permitted uses
CBD-1 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$965,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$890,000
RETAIL STORES
Est. value
$820,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1900
Heating
NONE
Cooling
Yes
Stories
3
Lot
0.1 ac
Current owner
From public records · entity-resolved
Scott B Bayme
Individual
Free & Clear · 3 yrs held
Mailing address
446 3RD ST, MACON, GA 31201-3315
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2023
—
Scott B Bayme
Scott B Bayme
Intrafamily Transfer
related
—
Mar 20, 2020
—
Bayme Cotton
—
Deed
related
$360,850 · Renasant Bk
Oct 10, 2018
—
Bayme Cotton Bess
—
Deed
related
$75,000 · Renasant Bank
Oct 17, 2017
—
Bess B Cotton
—
Deed
related
$47,805 · Renasant Bk
May 19, 2017
—
Kaybee Of Macon INC
—
Deed
related
$60,250 · Renasant Bank
Oct 20, 2016
—
Bayne Cotton Bess
—
Deed
related
$337,903 · Renasant Bank
Jan 24, 2008
—
Scott B Bayme
Cotton,bess B
Quit Claim Deed
—
Oct 1, 2007
—
Scott B Bayme
Cotton,bess B
Quit Claim Deed
—
—
—
Bayme Cotton
—
Loan Modification
related
$360,850 · Renasant Bk
—
—
Bess B Cotton
—
Loan Modification
related
$47,805 · Renasant Bk
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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