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Property profile & analytics
OFF-MARKET Estimated value $3,620,000
Strip malls

636 Shurling Dr Macon, GA 31211-1950

110,384 SF 18.41 ac lot Built 1972
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US22-2587019
Property summary
AI-generated overview

Northeast Plaza, a thriving 149,290 square foot grocery-anchored retail center in Bibb County, presents a compelling investment opportunity. This multi-tenant property boasts 27 suites, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 12,040 square feet. The center enjoys an excellent location and benefits from strong national tenants including Roses, Advance Auto Parts, Popeyes, and KFC, along with five beauty supply stores. This diverse tenant mix ensures consistent foot traffic and revenue generation. Currently, there are nine available spaces, providing flexibility for various retail businesses. A significant opportunity exists with a vacant Long John Silver's space (size not specified), ready for immediate occupancy. The property is zoned commercial and offers a range of space options to suit diverse business needs. This well-established center provides a stable investment with potential for significant growth. The property's strategic location and established tenant base make it an attractive proposition for investors seeking a strong return on investment in a vibrant retail market. The available spaces range in size from a minimum of 2,000 square feet up to a maximum of 12,040 contiguous square feet.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1972
Construction FRAME
Total area 110,384 SF
Lot 18.41 ac (801,940 SF)
Zoning code C-2
APN S063-0454
UPID US22-2587019
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
  • UPS Access Point location Courier Service Postal Service
  • Advance Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.32M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.07M
Blend (final) Blend
$3.62M
Owner & transaction history
Northeast Plaza Associates LLC · 6 yrs held
Northeast Plaza Associates LLC
since 2020
Last sale
$3.7M
2 recorded transactions
2020
$3.7M
2010
$315,000
Zoning & alternative use
C-2 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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