Property profile

496 2nd St Macon, GA 31201

OFF-MARKET
Investment properties
Property ID
US22-3965625
5,052 SF 0.06 ac lot Built 1920
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1920
Total area 5,052 SF
Lot 0.06 ac (2,614 SF)
Zoning code CBD-1
APN Q074-0418
UPID US22-3965625

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
  • Restaurant

Location

496 2nd St Macon, GA 31201-2734
Macon metro Census 13701 MACON, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
$613k
Blend (final) Blend
$455k

Owner & transaction history

since 2021
Last sale
$525,000
7 recorded transactions
2021
$525,000
2019
Price N/A
2011
$182,000
2011
$182,000
2011
$55,000
2007
$175,000
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 $810,000 +111.7%
Medical building $650,000 +69.3%
Neighborhood: shopping center $420,000 +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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 496 2nd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message