3855 Northside DrMacon, GA 31210

Property Details for 3855 Northside Dr

Year built

1969

Construction

FRAME

Lot size

0.34 AC

Property size (Sq ft)

4,518 SF

Zone code

C-1

Property type

Healthcare properties

Property subtype

Medical offices

APN

M044-0148

APU

M0440148

Description

This exceptional 4,200 square foot office building presents a compelling investment opportunity in Macon, Georgia. Situated on a 0.34-acre lot at 3859 Northside Dr, zip code 31210, this two-story structure boasts a prime location in a high-traffic area near the intersection of Northside Drive and Tom Hill Sr. Boulevard. Its convenient proximity to Interstate 75 (exit 169), less than one mile away, ensures excellent accessibility. Built in 1969, the building is zoned C-1, offering versatility for various commercial uses. The asking price is $475,000, translating to $113.10 per square foot. Ample parking is provided with 12 spaces on-site. This property represents a strong potential for both immediate income generation and long-term appreciation, making it an attractive addition to any investment portfolio. The building's traditional office layout offers flexibility for customization to suit diverse business needs. Its established location within a thriving commercial district promises consistent visibility and accessibility for clients and employees alike. This is a rare opportunity to acquire a well-situated commercial property in a growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $574,662

  6.5%

  $530,458

  7%

  $492,568

• Comparable approach

  Method

  Valuation

  Relative Method

  $881,281

  Geo Method

  $881,281

• Alternative Use

  Use

  Valuation

  Residential

  $657,768

  Hospitality

  $602,512

  Educational

  $501,282

  Medical

  $518,522

  Retail

  $779,773

Location Insight

City

Macon

County

Bibb

State

Georgia

Latitude

32.8982

Longitude

-83.6946

CBSA code

31420

CBSA name

MACON, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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