1680 BroadwayMacon, GA 31201

  • Office properties
  • 13,620 SF
For Sale
$1,970,000 View listing

Property Details for 1680 Broadway

Year built
1961
Construction
CONCRETE BLOCKS
Lot size
0.45 AC
Property size (Sq ft)
13,620 SF
Zone code
C-2
Property type
Office properties
Property subtype
Other office properties
APN
Q083-0456
APU
Q0830456

Description

This exceptional mixed-use property, situated at 1680 Broadway in Macon, Georgia, presents a compelling investment opportunity. The building encompasses approximately 26,216 square feet of versatile space, ideally suited for a blend of office and retail uses. Its strategic location near the intersection of Broadway and Eisenhower Parkway ensures high visibility and accessibility, benefiting from significant foot and vehicular traffic. The asking price is $1,970,000, translating to a price per square foot of $75.14. This represents a strong value proposition in the thriving Macon market. The property's flexible layout allows for customization to suit a variety of business needs, making it an attractive option for both established businesses and new ventures. Its location in Bibb County, Georgia, zip code 31201, provides easy access to major transportation routes and a vibrant local community. This mixed-use building offers a unique chance to acquire a well-positioned asset with significant potential for growth and return on investment. The property's size and location make it an ideal candidate for a variety of uses, offering flexibility and adaptability to changing market demands. Serious inquiries are encouraged to explore this promising investment opportunity further.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,732,382
    6.5%
    $1,599,122
    7%
    $1,484,899
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,656,717
    Geo Method
    $2,656,717
  • Alternative Use

    Use
    Valuation
    Residential
    $1,982,911
    Hospitality
    $1,816,336
    Educational
    $1,511,170
    Medical
    $1,563,142
    Retail
    $2,350,710
1680 Broadway, Macon, Georgia

Location Insight

City
Macon
County
Bibb
State
Georgia
Latitude
32.8202
Longitude
-83.6377
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
$5,405
$14,130
$168,332
$182,462
-
$35,325
$420,830
$456,155

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