320 Forest Hill RdMacon, GA 31210

Property Details for 320 Forest Hill Rd

Year built

1940

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.74 AC

Property size (Sq ft)

1,808 SF

Zone code

R-2

Property type

Healthcare properties

Property subtype

Medical offices

APN

N061-0005

APU

N0610005

Description

This exceptional 1,808 square foot commercial property at 320 Forest Hill Road in Macon, Georgia, presents a unique investment opportunity. Situated on a 0.74-acre lot, this adaptable space offers a multitude of possibilities for a wide range of businesses. The building boasts a brand-new roof, providing peace of mind for years to come. Ample parking is available on-site, ensuring convenience for clients and employees. A detached two-car garage offers additional storage or workspace potential. The unfinished basement provides significant extra storage or the opportunity for expansion, while attic storage adds further flexibility. Previously utilized as a doctor's office, the interior layout includes three exam rooms, each equipped with a sink, a physician's office, a full kitchen, a reception area, two waiting rooms, a handicap-accessible bathroom, and two additional full bathrooms. This versatile floor plan is easily adaptable to various configurations. Imagine seven or eight private office suites, perfect for professionals in fields such as law, accounting, finance, or insurance. Alternatively, the space could be transformed into a boutique retail store, a shared workspace with individual booth rentals, or a spa or hair salon. The property's central Macon location and easy accessibility make it an ideal choice for a diverse range of businesses. The property also offers unique potential as a live/work space, seamlessly blending residential comfort with professional functionality. Priced at $299,999, this property is ready for its next chapter.

• CAP approach

  CAP return

  Valuation

  6%

  $229,967

  6.5%

  $212,277

  7%

  $197,114

• Comparable approach

  Method

  Valuation

  Relative Method

  $352,668

  Geo Method

  $352,668

• Alternative Use

  Use

  Valuation

  Residential

  $263,223

  Hospitality

  $241,111

  Educational

  $200,602

  Medical

  $207,501

  Retail

  $312,047

Location Insight

City

Macon

County

Bibb

State

Georgia

Latitude

32.8656

Longitude

-83.69

CBSA code

31420

CBSA name

MACON, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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