4690 Forsyth Rd, Macon, GA 31210
- Strip malls
- 10,105 SF
- 0.77 lot acres
Current Use by Public Records
- Strip malls
Property Details for 4690 Forsyth Rd
- Year built
- 1994
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.77 lot acres
- Zone code
- C-4
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- M053-0059
- APU
- M0530059
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 31, 2023 | $1,375,000 | Ohbc Loan Group LLC | Mediaclub LLC | Limited Warranty Deed | — |
| Sep 29, 2022 | $1,150,000 | Mediaclub LLC | Oswald Family Investments Lllp | Limited Warranty Deed | $722k · Capital City Bank |
| Aug 16, 2022 | — | Oswald Family Investments Lllp | Robert V Oswald | Intrafamily Transfer · related | — |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,205,000
- ML approach
- $1,205,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,860,000
- 6.5%
- $1,715,000
- 7%
- $1,595,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,052,000
Market price range: $373k - $1.20M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $845,000 Current use
- RESTAURANT
- $1,620,000 Change: +92% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,500,000 Change: +78% Conversion: Easy
- MEDICAL BUILDING
- $1,295,000 Change: +53% Conversion: Difficult
- RETAIL STORES
- $890,000 Change: +6% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $765,000 Change: -9% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.7104
- Latitude
- 32.8745
- CBSA code
- 31420
- CBSA name
- MACON, GA METROPOLITAN STATISTICAL AREA
