Property profile

705 Gray Hwy Macon, GA 31217

FOR SALE
Auto shops
Property ID
US22-2490553
1,279 SF 0.69 ac lot Built 1955
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 595 square foot office space is located in the heart of downtown Golden, Colorado, directly beneath the iconic "Welcome to Golden" sign. The property is part of a three-story, 15,684 square foot traditional office building featuring multiple tenancies and convenient elevator access. Benefit from the free covered parking directly behind the building, supplementing the ample street parking readily available. This prime location offers unparalleled convenience, situated at the base of the Front Range mountains and only 15 miles from Denver's bustling city center. Enjoy the vibrant atmosphere with a wide array of retail and restaurant options within walking distance, making this space ideal for businesses seeking a blend of accessibility, mountain views, and a thriving urban environment. The building was renovated in 2999. This is a rare opportunity to secure a highly desirable office space in a sought-after location. The available space is perfect for a small business or professional needing a well-located and easily accessible office. Don't miss this chance to establish your business in the charming and convenient downtown Golden area.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1955
Construction STEEL FRAME
Total area 1,279 SF
Lot 0.69 ac (30,056 SF)
Zoning code C-4
APN R071-0072
UPID US22-2490553

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

705 Gray Hwy Macon, GA 31217
Macon metro Census 13800 MACON, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

Zoning & alternative use

C-4 · Macon, GA
Zoning description

1 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 - C-2 General Commercial District Chapter 13A - CBD-1 Central Business District Chapter 13B - CBD-2 Central Business District Chapter 14 -…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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