Property profile

505 2nd St Ste 202 Macon, GA 31201

OFF-MARKET
Industrial properties
Property ID
US22-2514964
2,704 SF 0.27 ac lot Built 1910
Individually Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1910
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,704 SF
Lot 0.27 ac (11,606 SF)
Zoning code CBD-1
APN Q074-0699
UPID US22-2514964

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
  • Accounting Firm Tax Preparation

Location

505 2nd St Ste, Unit 202 Macon, GA 31201-2782
Macon metro Census 13701 MACON, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2021
Last sale
$440,000
3 recorded transactions
2021
$440,000
2013
$170,000
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

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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