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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Retail residential properties
524 Poplar St Macon, GA 31201-2717
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-2245242
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1914
Total area
5,250 SF
Lot
0.06 ac (2,614 SF)
Zoning code
CBD-1
APN
R073-0374
UPID
US22-2245242
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
-
Famous Mike's of Macon Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$588k
Blend (final)
Blend
$825k
Owner & transaction history
Bumbledawg Enterprises LLC · 3 yrs held
Bumbledawg Enterprises LLC
since 2022
Last sale
$882,500
7 recorded transactions
Zoning & alternative use
CBD-1 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$840,000
+111.7%
Medical building
$675,000
+69.3%
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
$790,000
ML approach
$805,000
CAP Approach
CAP Return
Estimation
6%
$825,000
6.5%
$765,000
7%
$710,000
Alternative Use
Use
Estimation
RESTAURANT
$840,000
Change: +112% · Conversion: Difficult
MEDICAL BUILDING
$675,000
Change: +69% · Conversion: Easy
Blend value · Realmo final
$825k
Range $743k – $908k · ±10% · vs last sale $883k (Oct 10 2022)
Last sale anchor
$883k
Oct 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
$157 / 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
$712
Tax year 2023
Assessed value
$219,320
Assessed 2023
Previous assessed
$219,320
+0.0% YoY
Effective rate
0.32%
On assessed value
Assessed land
$21,600
Assessed improvement
$197,720
Land market value
$54,000
Improvement market value
$494,299
Total market value
$548,299
Applied tax rate
12.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1914
Heating
NONE
Cooling
YES
Stories
2
Total area
5,250 SF
Lot
0.06 ac (2,614 SF)
Zoning code
CBD-1
APN
R073-0374
UPID
US22-2245242
Jurisdiction
BIBB
Zoning & alternative use
CBD-1 · Macon, GA
Zoning CBD-1 · permitted uses
CBD-1 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$840,000
MEDICAL BUILDING
Est. value
$675,000
RESTAURANT
MEDICAL BUILDING
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
1914
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Bumbledawg Enterprises LLC
Entity
Free & Clear · 3 yrs held
Mailing address
102 CUSATA TRL, EATONTON, GA 31024-5767
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2022
—
Bumbledawg Enterprises LLC
Newtown Loans LLC
Quit Claim Deed
related
—
Jun 17, 2019
—
Bumbledawg Ents LLC
—
Deed
related
$175,500 · Cadence Bk NA
May 23, 2019
—
Bumbledawg Ents LLC
—
Trustees Deed
related
$175,500 · Newtown Loans LLC
Feb 12, 2018
$882,500
Urban Dev Concepts LLC
Bumbledawg Ents LLC
Grant Deed
—
Feb 6, 2018
—
Bumbledawg Enterprises LLC
—
Deed
related
$2,700,000 · State Bank & Trust Co
Jan 3, 2018
—
Bumbledawg Ents LLC
—
Deed
related
$565,514 · State Bk&tr
—
—
Bumbledawg Ents LLC
—
Deed Of Trust
related
$175,500 · Cadence Bk NA
—
—
Bumbledawg Ents LLC
—
Loan Modification
related
$565,514 · State Bk&tr
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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