Property profile

450 3rd St Macon, GA 31201

OFF-MARKET
Retail residential properties
Property ID
US22-2454271
30,900 SF 0.27 ac lot Built 1900
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1900
Total area 30,900 SF
Lot 0.27 ac (11,761 SF)
Zoning code CBD-1
APN R073-0334
UPID US22-2454271

Cap rate & NOI

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

Location

450 3rd St Macon, GA 31201-4300
Macon metro Census 13701 MACON, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.75M
CAP Approach CAP
$4.49M
Comparable Approach Comparable
$2.62M
Blend (final) Blend
$3.75M

Owner & transaction history

since 2024
Last sale
$3.8M
5 recorded transactions
2024
$3.8M
2018
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CBD-1 · Macon, GA
Zoning description

apter 9 - R-1AA, R-1A, and R-1 Single Family Chapter 10 - R-2A and R-2 Two-Family Chapter 11 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 - C-2 General Commercial District Chapter 13A -…

General category COMMERCIAL
Top alternative use upside
Restaurant $5.0M +111.7%
Medical building $4.0M +69.3%
Neighborhood: shopping center $2.6M +10.3%

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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