895 Burrus Rd Macon, GA 31204-1440
- Retail space
- 6,321 SF
- 0.82 lot acres
Current Use by Public Records
- Encore Motors / Car Dealership
- FusionPoint / Home Appliance Store / IT Consulting Firm
Property Details for 895 Burrus Rd
- Year built
- 1984
- Lot size
- 0.82 lot acres
- Property size
- 6,321 SF
- Zone code
- C-4
- Property type
- Retail space
- APN
- O054-0190
- APU
- O0540190
Description
This exceptional mixed-use commercial property, located at 895 Burrus Rd in Macon, Georgia, presents a compelling investment opportunity. The 6,321 square foot building, constructed in 1984, boasts a prime location offering convenient access to I-75 and Riverside Drive. Currently zoned C-4, the property features three separate office spaces. One office is currently leased, generating a monthly income of $2,466. The remaining two offices are vacant, presenting immediate potential for increased revenue through leasing. The asking price is $449,900, translating to a price per square foot of $71.18. This represents a strong value proposition in the Macon commercial real estate market. The building's layout and location make it ideal for a variety of businesses, offering significant upside for a savvy investor seeking a property with both immediate income and substantial growth potential. This is a rare opportunity to acquire an income-producing property in a desirable Macon location. The property is situated in Bibb County, Georgia, with a zip code of 31204. Serious inquiries are encouraged.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $379,000
- AI Estimate
- $709,000
Market price range: $206k - $706kMarket price range: $226k - $1.49M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $445,000 Current use
- MEDICAL BUILDING
- $810,000 Change: +83% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $530,000 Change: +19% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $495,000 Change: +12% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $480,000 Change: +8% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $440,000 Change: -0% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.6654
- Latitude
- 32.8733
- CBSA code
- 31420
- CBSA name
- MACON, GA METROPOLITAN STATISTICAL AREA