2351 Hubbard RdMacon, GA 31217

Property Details for 2351 Hubbard Rd

Year built

1997

Construction

FRAME

Lot size

6.90 AC

Property size (Sq ft)

14,620 SF

Zone code

M-2

Property type

Office properties

Property subtype

Other office properties

APN

V083-0012

APU

V0830012

Description

This 50,000-square-foot warehouse, measuring 250 feet by 200 feet, is located in Macon, Georgia, at 2351 Hubbard Rd, Bldg A, zip code 31217, in Bibb County. Built in 1998, the single-story building features durable pre-galvanized steel construction and a sprinkler system. The warehouse boasts a 24' to 30' ceiling height, with 80-foot by 30-foot column spacing, maximizing space efficiency. Three dock-high doors and one ground-level door ensure smooth loading and unloading. Inside, there's a 12' x 16' office with two restrooms. New warehouse lighting has been recently installed, and some existing racking is available. The property is zoned M-2. The owner is willing to build out the space to suit a qualified tenant's needs. The location offers easy access to I-16 and proximity to Ocmulgee East Industrial Park, as well as businesses such as YKK, GEICO, Herbert Smart Airport, Southeast Culvert, Blue Bird, and PODS Moving & Storage. Ample front and rear parking is available, accommodating trucks and trailers, with potential for additional parking. The lease type is NNN.

• CAP approach

  CAP return

  Valuation

  6%

  $1,859,576

  6.5%

  $1,716,532

  7%

  $1,593,922

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,851,777

  Geo Method

  $2,851,777

• Alternative Use

  Use

  Valuation

  Residential

  $2,128,500

  Hospitality

  $1,949,694

  Educational

  $1,622,123

  Medical

  $1,677,910

  Retail

  $2,523,302

Location Insight

City

Macon

County

Bibb

State

Georgia

Latitude

32.8191

Longitude

-83.5619

CBSA code

31420

CBSA name

MACON, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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