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    5566 Thomaston Rd Macon, GA 31220-8118
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    Property profile & analytics

    5566 Thomaston Rd Macon, GA 31220-8118


    • Medical Office Space
    • 22,640 SF
    • 3.57 lot acres
    Off-Market
    Last Sale May 24, 2023
    $8,850,000
    Property ID
    US22-2088509
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $6,945,000
    Show details
    Cap Rate Potential
    3.9%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Macon VA Clinic / Medical Clinic
    • Macon CBOC / Medical Clinic
    • Kevin Nguyen / Physician

    Property Details for 5566 Thomaston Rd

    Year built
    2017
    Lot size
    3.57 lot acres
    Property size
    22,640 SF
    Zone code
    C-4
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    K008-0215
    APU
    K0080215

    Description

    This exceptional investment opportunity presents a ±30,475 square foot, single-story medical office building located at 5566 Thomaston Rd, Macon, GA 31220, in Bibb County. The property, built in 2018 and renovated in 2022, sits on a 3.57-acre lot and boasts 140 designated parking spaces. Currently operating at 100% occupancy, the building serves as a U.S. Department of Veterans Affairs Community Based Outpatient Clinic (CBOC), providing comprehensive healthcare services to approximately 6,300 veterans annually, with around 20,000 visits per year. The lease, with a firm term extending to August 10, 2032, demonstrates a strong commitment from the VA. A significant ±5,432 square foot expansion, completed in 2022, added a dedicated mental health wing. The property features specialized areas for audiology, cardiology, dermatology, optometry, primary care, specialty care, and mental health services. The asking price is $9,317,600, representing a 7.50% cap rate with a net operating income (NOI) of $699,000. The property is zoned C-4, allowing for potential future expansion behind the existing structure. The lease commenced on August 11, 2022. This is a rare opportunity to acquire a high-performing, mission-critical asset with a long-term, secure lease.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $7,745,000
      ML approach
      $7,305,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,055,000
      6.5%
      $4,665,000
      7%
      $4,330,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,259,000
      Market price range: $2.12M - $4.26M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Macon
    County
    Bibb
    State
    Georgia
    Longitude
    -83.7437
    Latitude
    32.8331
    CBSA code
    31420
    CBSA name
    MACON, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $57,200
    $210,306
    $1,720,743
    $1,931,049
    -
    $525,764
    $4,301,858
    $4,827,622
    More about this property
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