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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Retail space
5070 Forsyth Rd Macon, GA 31210-4477
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-2483618
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Construction
FRAME
Total area
10,560 SF
Lot
0.99 ac (43,124 SF)
Zoning code
PDC
APN
K052-0092
UPID
US22-2483618
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dance Dynamics Training Center
-
Macon Monogramming (Bike/Boat/Book/etc) Store
-
The Corporate Connection Inc Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$893k
Blend (final)
Blend
$1.09M
Owner & transaction history
Simerly Properties LLC · 4 yrs held
Simerly Properties LLC
since 2022
Last sale
$1.2M
4 recorded transactions
Zoning & alternative use
PDC · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Planning & Zoning Commission
Top alternative use upside
Restaurant
$1.7M
+81.9%
Commercial (general)
$1.6M
+68.5%
Medical building
$1.4M
+45.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Macon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macon submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,075,000
ML approach
$1,080,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$930,000
Current use
RESTAURANT
$1,695,000
Change: +82% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,570,000
Change: +68% · Conversion: Easy
MEDICAL BUILDING
$1,355,000
Change: +45% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$885,000
Change: -5% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$800,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.09M
Range $981k – $1.20M · ±10% · vs last sale $1.20M (Mar 10 2022)
Last sale anchor
$1.20M
Mar 10 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$103 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,377
Tax year 2023
Assessed value
$417,847
Assessed 2023
Previous assessed
$417,847
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$94,030
Assessed improvement
$323,817
Land market value
$235,075
Improvement market value
$809,542
Total market value
$1,044,617
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Construction
FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
10,560 SF
Lot
0.99 ac (43,124 SF)
Zoning code
PDC
APN
K052-0092
UPID
US22-2483618
Jurisdiction
BIBB
Zoning & alternative use
PDC · Macon, GAZoning PDC · permitted uses
PDC · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning & Zoning Commission
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$930,000
RESTAURANT
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$885,000
INDUSTRIAL (GENERAL)
Est. value
$800,000
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
Simerly Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
121 STROMAN WAY, WARNER ROBINS, GA 31088-2564
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2022
$1,200,000
Simerly Properties LLC
Rbg Properties LLC
Limited Warranty Deed
—
May 13, 2020
—
Rbg Properties LLC
—
Deed
related
$707,819 · Renasant Bk
—
—
Rbg Properties LLC
—
Deed Of Trust
related
$680,000 · Colony Bank
—
—
Rbg Properties LLC
—
Deed Of Trust
related
$707,819 · Renasant Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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