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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Retail space
5451 Thomaston Rd Macon, GA 31220-8113
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-2346523
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2021
Construction
CONCRETE BLOCKS
Total area
6,222 SF
Lot
0.64 ac (27,878 SF)
Zoning code
C-4
APN
K007-0105
UPID
US22-2346523
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
-
74 Package - Macon (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$680k
CAP Approach
CAP
$910k
Comparable Approach
Comparable
$842k
Blend (final)
Blend
$760k
Owner & transaction history
Thomaston 5451 LLC · 6 yrs held
Thomaston 5451 LLC
since 2020
Last sale
$750,000
2 recorded transactions
Zoning & alternative use
C-4 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
1 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 - C-2 General Commercial District Chapter 13A - CBD-1 Central Business District Chapter 13B - CBD-2 Central Business District Chapter 14 - C-4 Highway Commercial District Chapter 15 - C-5 Neighborhood Convenience Center District Chapter 16 - M-1 Wholesale and Light Industrial Di…
Zone name
Highway Commercial District
General category
COMMERCIAL
Zone area
716.66 ac
Source
Planning & Zoning Commission
Top alternative use upside
Restaurant
$1.0M
+81.9%
Medical building
$800,000
+45.4%
Commercial (general)
$600,000
+9.3%
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
$700,000
ML approach
$680,000
CAP Approach
CAP Return
Estimation
6%
$985,000
6.5%
$910,000
7%
$845,000
Alternative Use
Use
Estimation
RETAIL STORES
$550,000
Current use
RESTAURANT
$1,000,000
Change: +82% · Conversion: Easy
MEDICAL BUILDING
$800,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$600,000
Change: +9% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$520,000
Change: -5% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$470,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $750k (Mar 16 2020)
Last sale anchor
$750k
Mar 16 2020
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
$122 / 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
$15,134
Tax year 2023
Assessed value
$510,907
Assessed 2023
Previous assessed
$510,907
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$252,450
Assessed improvement
$258,457
Land market value
$631,125
Improvement market value
$646,143
Total market value
$1,277,268
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
2021
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Stories
1
Total area
6,222 SF
Lot
0.64 ac (27,878 SF)
Zoning code
C-4
APN
K007-0105
UPID
US22-2346523
Jurisdiction
BIBB
Zoning & alternative use
C-4 · Macon, GAZoning C-4 · permitted uses
C-4 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
1 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 - C-2 General Commercial District Chapter 13A - CBD-1 Central Business District Chapter 13B - CBD-2 Central Business District Chapter 14 - C-4 Highway Commercial District Chapter 15 - C-5 Neighborhood Convenience Center District Chapter 16 - M-1 Wholesale and Light Industrial District Chapter 17 - M-2 Heavy Industrial District Chapter 18 - M-3 Heavy Industrial
Zone name
Highway Commercial District
General category
COMMERCIAL
Zone area
716.66 ac
Source
Planning & Zoning Commission
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$550,000
RESTAURANT
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$600,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$520,000
INDUSTRIAL (GENERAL)
Est. value
$470,000
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2021
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Thomaston 5451 LLC
Entity
Mailing address
5451 THOMASTON RD, MACON, GA 31220-8113
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2020
$750,000
Thomaston 5451 LLC
74 Package Store INC
Limited Warranty Deed
$637,000 · American Pride Bank
—
—
74 Package Store INC
—
Deed Of Trust
related
$124,000 · Branch 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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