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    Property profile & analytics

    640 Martin Luther King Jr Blvd Macon, GA 31201-3297

    • Medical offices
    • 17,750 SF
    • 1.25 lot acres
    OFF-MARKET
    Value Estimation
    $5,550,000
    Last Sale
    Sep 01, 2021
    $6,050,888
    Location Intelligence
    Property ID
    US22-2178640
    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.

    Current Use by Public Records

    • Macon Medical Group, P.C. / Medical Clinic / Medical Center
    • Azmi Kabbani, M.D., F.A.C.P., F.A.S.N. / Nephrologist
    • Dr. James S. Sim, MD / Nephrologist
    • Desai Niraj B MD / Nephrologist / Internist
    • Dr. Ludwig V. Cavaliere, MD / Nephrologist

    Property Details for 640 Martin Luther King Jr Blvd

    Year built
    2008
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.25 lot acres
    Property size
    17,750 SF
    Zone code
    CBD-2
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    R081-0061
    APU
    R0810061

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,055,000
      6.5%
      $6,370,000
      7%
      $6,485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,230,000
      Geo Method
      $6,445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,520,000
      Retail
      $5,370,000
      Mixed-Use
      $6,380,000
      Hospitality
      $6,500,000
      Educational
      $6,205,000
      Residential Income
      $5,530,000
      Energy
      $7,250,000
      Income-Based Land
      $6,200,000
      Food Service
      $5,470,000

    Location Insight

    • Map
    • Local Demand
    City
    Macon
    County
    Bibb
    State
    Georgia
    Longitude
    -83.628
    Latitude
    32.8315
    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
    $53,557
    $297,120
    $1,249,822
    $1,546,942
    -
    $742,800
    $3,124,555
    $3,867,355

    Comparable in this City

    • Value Estimation by Request
      3,877 SF

      744 1st St

      MEDICAL BUILDING • 3,877 SF
      744 1st St, Macon, GA 31201-6840
      View Details
    • Value Estimation by Request
      1,917 SF

      726 1st St

      MEDICAL BUILDING • 1,917 SF
      726 1st St, Macon, GA 31201-6840
      View Details
    • Value Estimation by Request
      40,750 SF

      250 Martin Luther King Jr Blvd

      MEDICAL BUILDING • 40,750 SF
      250 Martin Luther King Jr Blvd, Macon, GA 31201-3490
      View Details
    • Value Estimation
      $785,000
      12,352 SF

      672 1st St

      MEDICAL BUILDING • 12,352 SF
      672 1st St, Macon, GA 31201
      View Details
    • Value Estimation by Request
      21,312 SF

      458 Hemlock St

      MEDICAL BUILDING • 21,312 SF
      458 Hemlock St, Macon, GA 31201-4200
      View Details
    • Value Estimation
      $1,390,000
      6,664 SF

      745 Pne St

      MEDICAL BUILDING • 6,664 SF
      745 Pne St, Macon, GA 31201-2106
      View Details

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    Similar Nearby for Lease

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    • $5,000 /Mo
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    • Contact for pricing
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      Cherry Street Executive Suites

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    • $2,000 /Mo
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    640 Martin Luther King Jr Blvd
    Macon, GA 31201-3297
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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