636 Shurling Dr Macon, GA 31211-1950
- Strip malls
- 110,384 SF
- 18.41 lot acres
Current Use by Public Records
- UPS Access Point location / Shipping And Mailing Service / Mailing Service
- Advance Auto Parts / Auto Parts Store / Car Accessories Store
Property Details for 636 Shurling Dr
- Year built
- 1972
- Construction
- FRAME
- Lot size
- 18.41 lot acres
- Property size
- 110,384 SF
- Zone code
- C-2
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- S063-0454
- APU
- S0630454
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,415,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,485,000
- 6.5%
- $3,230,000
- 7%
- $3,700,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,955,000
- Geo Method
- $3,170,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,855,000
- Retail
- $3,200,000
- Mixed-Use
- $3,120,000
- Hospitality
- $3,130,000
- Educational
- $3,440,000
- Residential Income
- $3,865,000
- Energy
- $3,070,000
- Income-Based Land
- $2,830,000
- Food Service
- $2,885,000
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.6115
- Latitude
- 32.8609
- CBSA code
- 31420
- CBSA name
- MACON, GA METROPOLITAN STATISTICAL AREA
