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Property profile & analytics
OFF-MARKET
Investment properties
557 Cherry St Macon, GA 31201-2755
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-2128672
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1890
Total area
6,500 SF
Lot
0.13 ac (5,663 SF)
Zoning code
CBD-1
APN
R073-0259
UPID
US22-2128672
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
-
Churchills on Cherry Bar & Pub Nightclub
-
LandLink Analytic Services Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cityscape Development LLC · 4 yrs held
Cityscape Development LLC
since 2022
Last sale
$434,281
7 recorded transactions
Zoning & alternative use
CBD-1 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,991
Tax year 2023
Assessed value
$262,001
Assessed 2023
Previous assessed
$262,001
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$43,680
Assessed improvement
$218,321
Land market value
$109,200
Improvement market value
$545,802
Total market value
$655,002
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1890
Heating
NONE
Cooling
YES
Stories
2
Total area
6,500 SF
Lot
0.13 ac (5,663 SF)
Zoning code
CBD-1
APN
R073-0259
UPID
US22-2128672
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.
Building & site characteristics
From public records
Year built
1890
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Cityscape Development LLC
Entity
Free & Clear · 4 yrs held
Mailing address
30 WADLEY STA LN, MACON, GA 31210-0308
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2022
$26,000
Cityscape Development LLC
Msd Riverside Properties LLC
Limited Warranty Deed
—
Oct 6, 2020
—
City Scape Dev LLC
—
Deed
related
$390,000 · Urban Dev Concepts LLC
Oct 2, 2020
$434,281
City Scape Development LLC
Msd Riverside Properties LLC
Limited Warranty Deed
$600,000 · Cadence Bank NA
May 11, 2020
$1,147,500
Msd Riverside Properties LLC
Liz Reed Holdings LLC
Grant Deed
—
Jan 9, 2009
—
Doublewide Properties LLC
Jodeco Holdings LLC
Quit Claim Deed
related
—
Dec 4, 2007
$250,000
Jodeco Holdings LLC
Barnes,a E III
Warranty Deed
$188,000 · Capital City Bank
—
—
Liz Reed Holdings LLC
—
Deed Of Trust
related
$320,000 · Heritage Bank Of The South
—
—
Liz Reed Holdings LLC
—
Deed Of Trust
related
—
—
—
City Scape Dev LLC
—
Deed Of Trust
related
$390,000 · Urban Dev Concepts LLC
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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