5400 Riverside DrMacon, GA 31210

Property Details for 5400 Riverside Dr

Year built

1989

Lot size

4.98 AC

Property size (Sq ft)

43,872 SF

Zone code

PDE

Property type

Retail properties

Property subtype

Auto shops

APN

L002-0096

APU

L0020096

Description

This exceptional three-story office building, located at 5400 Riverside Drive in Macon, Georgia, presents a significant opportunity. Boasting 41,556 total square feet, the property offers 10,000 square feet of immediately available space, perfect for a variety of businesses. Built in 1970 and extensively renovated in 2010, the Class B building features a desirable executive office and traditional office layout, suitable for multiple tenants. The property sits on five acres of land and includes ample parking with 149 spaces. The building's high ceilings, measuring 10 feet, create a spacious and comfortable work environment. Located in Bibb County, with convenient access to Wimbish Road, the property is zoned for commercial use. The property taxes are $0.61 per square foot. This well-maintained building offers a blend of classic charm and modern functionality, making it an ideal location for businesses seeking a prominent presence in Macon. The property's size, location, and amenities make it a compelling investment opportunity. The zip code is 31210.

• CAP approach

  CAP return

  Valuation

  6%

  $8,202,975

  6.5%

  $7,571,977

  7%

  $7,031,122

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,565,334

  Geo Method

  $21,565,334

• Alternative Use

  Use

  Valuation

  Residential

  $6,387,246

  Hospitality

  $5,850,683

  Educational

  $4,867,700

  Medical

  $5,035,107

  Retail

  $7,571,977

Location Insight

City

Macon

County

Bibb

State

Georgia

Latitude

32.9372

Longitude

-83.7189

CBSA code

31420

CBSA name

MACON, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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