2924 Riverside DrMacon, GA 31204

  • Retail space
  • 2,140 SF
For Lease
$28.04/SF/YR View listing

Property Details for 2924 Riverside Dr

Year built
1979
Construction
FRAME
Lot size
0.84 AC
Property size (Sq ft)
2,140 SF
Zone code
C-4
Property type
Retail space
APN
O053-0232
APU
O0530232

Description

This single-story, 2,140-square-foot commercial building is available for sale or lease in Macon, Georgia. Located at 2924 Riverside Drive, this property boasts high visibility and traffic counts due to its prime location. The building sits on a 0.84-acre lot and is zoned C-4, allowing for a variety of commercial uses. All utilities are connected to the site, and ample paved parking is available. The building is currently vacant and ready for immediate occupancy. The property's strategic location offers excellent access to a thriving commercial area, with nearby businesses including Marco's Pizza, Fine Fettle, Robins Financial Credit Union, and many other retail and restaurant establishments. This presents a unique opportunity for businesses seeking a well-situated space with high visibility in a busy commercial corridor. The property's single-tenant occupancy and substantial square footage make it an ideal location for a variety of businesses. The parcel's size and zoning provide flexibility for future expansion or development. The property's address is 2924 Riverside Dr, Macon, GA 31204, and its APN is O053-0232.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $400,127
    6.5%
    $369,348
    7%
    $342,966
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,051,920
    Geo Method
    $1,051,920
  • Alternative Use

    Use
    Valuation
    Residential
    $311,559
    Hospitality
    $285,386
    Educational
    $237,438
    Medical
    $245,604
    Retail
    $369,348

Location Insight

City
Macon
County
Bibb
State
Georgia
Latitude
32.8815
Longitude
-83.6702
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
$5,108
$144,896
$27,556
$172,452
-
$362,241
$68,890
$431,131

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