458 Hemlock StMacon, GA 31201

Property Details for 458 Hemlock St

Year built

2013

Construction

CONCRETE BLOCKS

Lot size

1.36 AC

Property size (Sq ft)

21,312 SF

Zone code

CBD-2

Property type

Medical offices

Property subtype

Medical centers

APN

Q082-0476

APU

Q0820476

Description

This exceptional medical office space, totaling 10,656 square feet, presents a unique leasing opportunity in Bibb County. Located within a two-story building, this property features a single, multi-tenant occupancy. The space is currently vacant and ready for immediate occupancy, offering significant potential for a variety of medical practices or related businesses. The building is conveniently equipped with elevators, ensuring easy accessibility for patients and staff. The property's CBD-2 zoning designation reflects its prime location within a thriving commercial district, offering high visibility and convenient access to essential amenities and transportation routes. The modified gross lease rate is $25 per square foot. This is an excellent opportunity to establish or expand a medical practice in a highly desirable location. The building's single-building structure simplifies management and operations, while the ample square footage allows for flexible layouts to accommodate diverse needs. The property's strategic location within the central business district ensures high foot traffic and visibility, attracting a large pool of potential patients. This is a rare opportunity to secure a substantial, well-located medical office space in a vibrant and growing area. Interested parties are encouraged to inquire promptly to secure this exceptional property. The property is zoned CBD-2, indicating its suitability for commercial uses within the central business district.

• CAP approach

  CAP return

  Valuation

  6%

  $2,710,758

  6.5%

  $2,502,239

  7%

  $2,323,507

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,157,119

  Geo Method

  $4,157,119

• Alternative Use

  Use

  Valuation

  Residential

  $3,102,776

  Hospitality

  $2,842,126

  Educational

  $2,364,616

  Medical

  $2,445,938

  Retail

  $3,678,291

Location Insight

City

Macon

County

Bibb

State

Georgia

Latitude

32.8298

Longitude

-83.6318

CBSA code

31420

CBSA name

MACON, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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