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Property profile & analytics
OFF-MARKET
Retail space

765 Gray Hwy Macon, GA 31211-1852

8,650 SF 0.44 ac lot Built 1954
Entity Owned Absentee Owner Free & Clear
Property ID
US22-2224253
Property summary
AI-generated overview

This exceptional Macon, Georgia investment opportunity encompasses six parcels totaling 1.41 acres, strategically located at the intersection of Gray Highway and 2nd Street. The property features five buildings constructed between 1954 and 1986, offering a combined 836 to 22,612 square feet of space. The property's mixed-use nature includes retail space on Gray Highway parcels (zoned C-4), and light industrial space on Woolfolk Street and Clinton Road parcels (zoned C-2). Woolfolk Street is a county-owned easement. The Gray Highway parcels include addresses 755, 757, and 765 Gray Highway. The Woolfolk Street parcels are located at 223 and 249 Woolfolk Street, and the Clinton Road parcels are at 682 and 696 Clinton Road. This multi-tenant property benefits from its high-traffic location near established businesses such as Kroger, McDonald's, Krispy Kreme, Nu-Way Weiners, Budget Truck Rental, Bojangles, and Attaway Tire. The asking price for this income-producing asset is $600,000. APN numbers are R071-0066, R071-0088, R071-0089, R071-0090, and R071-0091. This presents a compelling opportunity for investors seeking a diversified portfolio with strong rental income potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1954
Total area 8,650 SF
Lot 0.44 ac (19,166 SF)
Zoning code C-4
APN R071-0066
UPID US22-2224253
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Jones Holding & Assets LLC
Jones Holding & Assets LLC
since 2026
1 recorded transaction
2026
$350,000
Zoning & alternative use
C-4 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 - C-4 Highway Commercial District Chapter 15 - C-5 Neighborhood Convenience Center District Chapter 16 - M-1 Wholesale and Light Industrial Di…

Zone name Highway Commercial District
General category COMMERCIAL
Zone area 716.66 ac
Source Planning & Zoning Commission
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