4641 Houston AveMacon, GA 31216

Property Details for 4641 Houston Ave

Year built

1995

Lot size

0.60 AC

Property size (Sq ft)

8,800 SF

Zone code

M-1

Property type

Retail properties

Property subtype

Auto shops

APN

P111-0024

APU

P1110024

Description

This Macon, GA flex space boasts 8,800 square feet on a 1.04-acre lot, ideally situated near I-16 and I-75, experiencing approximately 31,000 vehicles daily. The property, built in 1995, features a 110' x 54' warehouse with three drive-in bays (two 12'x15', one 10'x10'), 10' side and 14' center eave clearances, and 26' x 52' bay spacing. The warehouse is heated but not cooled; the retail space has central heating and air. The building's exterior is brick and vinyl, with a standing seam, pitched metal roof, LED/fluorescent lighting, and concrete flooring. The property includes an established automotive maintenance center business, including its inventory and client base. Zoned C-3, all public utilities are available. Asphalt paved parking is provided. This turnkey opportunity presents a strong investment potential in a high-traffic location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,645,382

  6.5%

  $1,518,814

  7%

  $1,410,327

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,325,650

  Geo Method

  $4,325,650

• Alternative Use

  Use

  Valuation

  Residential

  $1,281,176

  Hospitality

  $1,173,550

  Educational

  $976,380

  Medical

  $1,009,960

  Retail

  $1,518,814

Location Insight

City

Macon

County

Bibb

State

Georgia

Latitude

32.7716

Longitude

-83.6588

CBSA code

31420

CBSA name

MACON, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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