Property profile

461 3rd St Macon, GA 31201

OFF-MARKET
Retail residential properties
Property ID
US22-2246025
8,988 SF 0.08 ac lot Built 1900
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,988 SF
Lot 0.08 ac (3,485 SF)
Zoning code CBD-1
APN R073-0349
UPID US22-2246025

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Consultant
  • (Bike/Boat/Book/etc) Store
  • Customs Consultant
  • Construction Company

Location

461 3rd St Macon, GA 31201-3358
Macon metro Census 13701 MACON, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$845k
Blend (final) Blend
$215k

Owner & transaction history

since 2018
4 recorded transactions
2018
$250,000
2018
$250,000
2018
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
Medical building $1.2M +69.3%
Neighborhood: shopping center $750,000 +10.3%
Industrial (general) $680,000 +0.2%

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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