3951 Arkwright RdMacon, GA 31210

  • Retail properties
  • 8,177 SF
For Sale
$2,100,000 View listing

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
3951 Arkwright Rd, Macon, Georgia

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

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
$25,665
$294,436
$491,066
$785,502
-
$736,090
$1,227,666
$1,963,756

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