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4908 Mercer University Dr Macon, GA 31210-6235

Warehouses Google Maps
12,500 SF 1.47 ac lot Built 2008
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$260k
Range $234k – $286k (±10%)
Property ID US22-2307461

Property summary

AI-generated overview

This 7,000 square foot industrial warehouse is ideally situated in West Macon, offering unparalleled access to major transportation arteries. Located less than half a mile from Interstate 475, four miles from Interstate 75, and seven miles from Interstate 16, this property boasts exceptional connectivity. The building benefits from high daily traffic counts of 19,200 vehicles. The property is zoned M2 and provides convenient access to a variety of amenities, including restaurants, shopping centers, and banks. The warehouse space itself comprises approximately 6,000 square feet and features two drive-in doors and two dock-high doors for efficient loading and unloading. The included office space totals approximately 1,000 square feet and includes a reception area, three private offices, two restrooms, and a dedicated mechanical room. This versatile space is perfect for a variety of businesses seeking a well-located and functional warehouse facility. The entire 7,000 square feet is currently vacant and ready for immediate occupancy.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2008
Construction CONCRETE BLOCKS
Total area 12,500 SF
Lot 1.47 ac (64,033 SF)
Zoning code M-2
APN L081-0154
UPID US22-2307461

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
  • Auto Parts Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$623k
Blend (final) Blend
$260k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Zoning & alternative use

M-2 · Macon, GA
Zoning description

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 District Chapter 17 - M…

General category INDUSTRIAL
Top alternative use upside
Retail stores $1.1M +131.9%
Neighborhood: shopping center $1.0M +119.7%
Industrial (general) $950,000 +99.5%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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