5005 Riverside DrMacon, GA 31210

  • Retail properties
  • 9,744 SF
For Lease
$336/SF/YR View listing

Property Details for 5005 Riverside Dr

Year built
2013
Lot size
1.48 AC
Property size (Sq ft)
9,744 SF
Zone code
C-2
Property type
Retail properties
Property subtype
Retail space
APN
L003-0316
APU
L0030316

Description

This exceptional retail opportunity presents two available suites totaling approximately 3,080 square feet, situated at the highly visible intersection of Riverside Drive and Gateway Drive in Macon, Georgia. The property boasts a prime location directly across from The Shoppes at River Crossing, ensuring high foot traffic and excellent visibility. The building is a single-story structure with C2 zoning, offering flexibility for a variety of retail uses. Each suite offers ample space, with one measuring approximately 1,240 square feet and the other approximately 1,840 square feet. The property is ideal for businesses seeking a strong presence in a thriving retail area. The address is 5005 Riverside Drive, Macon, GA 31210. This location benefits from its proximity to major roadways and a substantial customer base drawn to the nearby shopping center. The multiple tenancy setup allows for diverse business opportunities within the same building. The property's total square footage is 3,080 square feet, offering significant space for retail operations. This is a rare opportunity to secure a well-positioned retail space in a high-demand area of Macon. The property's strategic location and ample square footage make it an attractive investment for businesses seeking growth and visibility. Interested parties are encouraged to inquire for further details and availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,821,886
    6.5%
    $1,681,741
    7%
    $1,561,617
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,789,675
    Geo Method
    $4,789,675
  • Alternative Use

    Use
    Valuation
    Residential
    $1,418,612
    Hospitality
    $1,299,440
    Educational
    $1,081,119
    Medical
    $1,118,301
    Retail
    $1,681,741
5005 Riverside Dr, Macon, Georgia

Location Insight

City
Macon
County
Bibb
State
Georgia
Latitude
32.9285
Longitude
-83.7123
CBSA code
31420
CBSA name
MACON, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,629
$396,800
$367,155
$763,955
-
$992,000
$917,887
$1,909,887

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