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Property profile & analytics
OFF-MARKET Estimated value $1,240,000
Strip malls

4690 Forsyth Rd Macon, GA 31210

10,105 SF 0.77 ac lot Built 1994
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US22-2566786
Property summary
AI-generated overview

This ±7,500 square foot retail space presents a fantastic opportunity for businesses seeking high visibility and foot traffic. Located at 4690 Forsyth Road in Macon, Georgia, within Bibb County, this single-tenant property boasts a prime location alongside established national retailers. Neighbors include Kroger, Pet Supplies Plus, Starbucks, and The Wax Strip & More, ensuring a consistent flow of potential customers. The property's classification as a retail pad within a retail strip provides excellent accessibility and ample parking for patrons. The building itself offers approximately 7,500 square feet of adaptable space, ideal for a variety of retail concepts. Its strategic placement on Forsyth Road guarantees significant exposure to a substantial daily traffic volume. This property is a turnkey solution for businesses looking to establish a strong presence in a thriving Macon commercial district. The address is 4690 Forsyth Road, Macon, GA 31210. This exceptional location, coupled with the substantial square footage, makes this retail space an attractive investment opportunity. Serious inquiries are encouraged to explore the potential of this high-traffic retail property. The property is categorized as a single-tenant retail space.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1994
Construction CONCRETE BLOCKS
Total area 10,105 SF
Lot 0.77 ac (33,541 SF)
Zoning code C-4
APN M053-0059
UPID US22-2566786
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.21M
CAP Approach CAP
$1.72M
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$1.24M
Owner & transaction history
Ohbc Loan Group LLC · 3 yrs held
Ohbc Loan Group LLC
since 2023
Last sale
$1.4M
3 recorded transactions
2023
$1.4M
2022
$1.2M
2022
Price N/A
Zoning & alternative use
C-4 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 - C-2 General Commercial District Chapter 13A - CBD-1 Central Business District Chapter 13B - CBD-2 Central Business District Chapter 14 - C-4 Highway Commercial District Chapter 15 - C-5 Neighborhood Convenience Center District Chapter 16 - M-1 Wholesale and Light Industrial Di…

Zone name Highway Commercial District
General category COMMERCIAL
Zone area 716.66 ac
Source Planning & Zoning Commission
Top alternative use upside
Restaurant $1.6M +91.9%
Commercial (general) $1.5M +77.8%
Medical building $1.3M +53.5%
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