Property profile

505 2nd St1b Macon, GA 31201

OFF-MARKET
Investment properties
Property ID
US22-2241737
1,525 SF 0.27 ac lot Built 1910
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1910
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,525 SF
Lot 0.27 ac (11,606 SF)
Zoning code CBD-1
APN Q074-0697
UPID US22-2241737

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 St1b Macon, GA 31201-2730
Macon metro Census 13701 MACON, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2024
Last sale
$280,000
4 recorded transactions
2024
$280,000
2022
Price N/A
2022
$250,000
2018
$200,000

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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