376 Rogers AveMacon, GA 31204

Property Details for 376 Rogers Ave

Year built

1960

Lot size

0.16 AC

Property size (Sq ft)

4,503 SF

Zone code

C-1

Property type

Medical offices

Property subtype

Medical centers

APN

P063-0295

APU

P0630295

Description

This exceptional 4,500 square foot medical office building, situated at 376 Rogers Avenue in Macon, Georgia, presents a unique investment opportunity. Built in 1960 and boasting a single-story design, the property features a comprehensive layout ideal for a variety of medical practices. The building includes a spacious waiting room and reception area, nine private offices, eight exam rooms, a dedicated dental suite, a breakroom, an x-ray room, a pharmacy room, and two restrooms. Ample storage is provided with six dedicated storage rooms. The property also benefits from four HVAC units, recently updated in 2018, ensuring efficient climate control. While the roof is the original single-ply elastomeric type, it underwent extensive repairs in 2021. Convenient paved parking is available both in front of and to the side of the building, enhancing accessibility for patients and staff. A prominent monument sign ensures high visibility. The property is zoned C1 and enjoys a strategic location in North Macon, off Ingleside Avenue, offering proximity to major healthcare facilities. It's conveniently located 2.5 miles from Atrium Health Navicent Hospital, 3 miles from Piedmont Macon Hospital, and just 1 mile from Interstate 75/Hardeman Avenue, providing excellent access for patients and staff. The asking price for this well-equipped and strategically positioned medical office building is $325,000.

• CAP approach

  CAP return

  Valuation

  6%

  $572,755

  6.5%

  $528,697

  7%

  $490,932

• Comparable approach

  Method

  Valuation

  Relative Method

  $878,355

  Geo Method

  $878,355

• Alternative Use

  Use

  Valuation

  Residential Income

  $655,584

  Hospitality / Lodging

  $600,511

  Institutional / Educational

  $499,618

  Healthcare / Senior Housing

  $516,801

  Retail / Commercial

  $777,184

Location Insight

City

Macon

County

Bibb

State

Georgia

Latitude

32.8533

Longitude

-83.6548

CBSA code

31420

CBSA name

MACON, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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