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Property profile & analytics
OFF-MARKET
Estimated value
$1,780,000
Retail residential properties
570 Mulberry St Macon, GA 31201-2768
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-2445860
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1850
Total area
8,400 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CBD-1
APN
R073-0273
UPID
US22-2445860
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
-
Modurty Cocaine Withdrawal Macon Alternative Medicine Practice Spa & Massage Center
-
Music City Foundation Repair Experts Building Supply Factory
-
TRT ReviveMeno Physician Medical Clinic
-
Historic European Hotel Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.71M
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.78M
Owner & transaction history
Imperial Realty Group LLC · 2 yrs held
Imperial Realty Group LLC
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
CBD-1 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+111.7%
Medical building
$1.1M
+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
$1,815,000
ML approach
$1,705,000
CAP Approach
CAP Return
Estimation
6%
$1,325,000
6.5%
$1,220,000
7%
$1,135,000
Alternative Use
Use
Estimation
RESTAURANT
$1,345,000
Change: +112% · Conversion: Difficult
MEDICAL BUILDING
$1,080,000
Change: +69% · Conversion: Easy
Blend value · Realmo final
$1.78M
Range $1.60M – $1.96M · ±10% · vs last sale $2.08M (Aug 4 2023)
Last sale anchor
$2.08M
Aug 4 2023
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
$212 / 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
$17,921
Tax year 2023
Assessed value
$190,127
Assessed 2023
Previous assessed
$190,127
+0.0% YoY
Effective rate
9.43%
On assessed value
Assessed land
$59,072
Assessed improvement
$131,055
Land market value
$147,680
Improvement market value
$327,638
Total market value
$475,318
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
1850
Heating
NONE
Cooling
YES
Buildings
2
Stories
3
Total area
8,400 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CBD-1
APN
R073-0273
UPID
US22-2445860
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
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
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
1850
Heating
NONE
Cooling
Yes
Stories
3
Buildings
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Imperial Realty Group LLC
Entity
Mailing address
570 MULBERRY ST, MACON, GA 31201-2768
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2023
$2,075,000
Imperial Realty Group LLC
Griffith Downtown Investments LLC
Limited Warranty Deed
$1,575,000 · Griffith Downtown Investments INC
Jul 13, 2023
—
Mulberry Street Partners LLC
William T Long
Correction Deed
related
—
Jul 12, 2023
—
William T Long SR.
Rita Shirone Long
Correction Deed
related
—
Nov 18, 2019
—
Griffith Downtown Invs LLC
247 Group LLC
Quit Claim Deed
related
—
Nov 8, 2019
$1,350,000
Griffith Downtown Investments
Mulberry Street Partners LLC
Warranty Deed
$1,556,911 · Renasant Bank
Nov 1, 2012
—
William T Long SR.
Long,rita S
Quit Claim Deed
related
—
Oct 30, 2012
—
William T Long SR.
Long,rita Shirone
Quit Claim Deed
related
—
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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