1867 Forsyth StMacon, GA 31201

Property Details for 1867 Forsyth St

Year built

1985

Construction

MIXED

Lot size

0.31 AC

Property size (Sq ft)

4,104 SF

Zone code

C-2

Property type

Medical offices

Property subtype

Medical centers

APN

P074-0115

APU

P0740115

Description

This exceptional 4,100 square foot medical office building is situated on a 0.31-acre lot in Macon, Georgia, at 1867 Forsyth Street, zip code 31201. Built in 1985, the single-tenant property is currently vacant and offers a fantastic opportunity for a medical practice seeking a well-appointed space. The building boasts a thoughtfully designed floor plan including a reception area, three waiting areas, seven private offices, four exam rooms, a break room/kitchen, and three restrooms. Ample parking is provided with 20 asphalt spaces, conveniently accessed via two curb cuts on Forsyth Street and Hardeman Avenue. The property is zoned C-2, allowing for a variety of uses. The building's location in Macon offers excellent visibility and accessibility, making it an ideal location for a thriving medical practice. This is a turnkey opportunity for immediate occupancy. The property's size, layout, and parking make it a highly desirable asset in the Macon commercial real estate market. The building's existing infrastructure and layout are well-suited for a variety of medical specialties. This is a rare opportunity to acquire a fully functional medical office building in a prime Macon location.

• CAP approach

  CAP return

  Valuation

  6%

  $522,004

  6.5%

  $481,850

  7%

  $447,432

• Comparable approach

  Method

  Valuation

  Relative Method

  $800,526

  Geo Method

  $800,526

• Alternative Use

  Use

  Valuation

  Residential Income

  $597,494

  Hospitality / Lodging

  $547,301

  Institutional / Educational

  $455,348

  Healthcare / Senior Housing

  $471,008

  Retail / Commercial

  $708,320

Location Insight

City

Macon

County

Bibb

State

Georgia

Latitude

32.841

Longitude

-83.6478

CBSA code

31420

CBSA name

MACON, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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