3951 Arkwright RdMacon, GA 31210
- Retail properties
- 8,177 SF
Property Details for 3951 Arkwright Rd
- Year built
- 1997
- Lot size
- 1.67 AC
- Property size (Sq ft)
- 8,177 SF
- Zone code
- C-2
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- N041-0053
- APU
- N0410053
Description
This exceptional restaurant opportunity presents a thriving 7,163 square foot establishment in Macon, Georgia. Currently operating as a Glory Days Grill, this turnkey business is ideally situated at 3951 Arkwright Rd, Bibb County, zip code 31210. Its prime location directly off Interstate 75 ensures high visibility and accessibility, benefiting from significant daily traffic volume. The property's strategic placement at a traffic light intersection further enhances convenience for patrons. The surrounding area boasts a dense concentration of hotels and popular chain restaurants, creating a vibrant and established commercial hub with a substantial daytime population. This presents a unique chance to acquire a well-positioned, established restaurant with proven success in a high-traffic location. The asking price for this turnkey operation is $2,100,000. This is a rare opportunity to own a successful restaurant in a prime Macon location. The property's size and location make it an attractive investment for experienced restaurateurs or those seeking a profitable venture in a thriving market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,528,896
- 6.5%
- $1,411,289
- 7%
- $1,310,482
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,019,414
- Geo Method
- $4,019,414
-
Alternative Use
- Use
- Valuation
- Residential
- $1,190,475
- Hospitality
- $1,090,468
- Educational
- $907,257
- Medical
- $938,459
- Retail
- $1,411,289
Location Insight
- City
- Macon
- County
- Bibb
- State
- Georgia
- Latitude
- 32.9066
- Longitude
- -83.6866
- CBSA code
- 31420
- CBSA name
- MACON, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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