5581 Thomaston RdMacon, GA 31220
- Retail properties
- 10,500 SF
Property Details for 5581 Thomaston Rd
- Year built
- 2019
- Construction
- CONCRETE BLOCKS
- Lot size
- 12.69 AC
- Property size (Sq ft)
- 10,500 SF
- Zone code
- C-4
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- J007-0065
- APU
- J0070065
Description
This Macon, Georgia retail center, Tobesofkee Crossing, offers a prime investment opportunity. The 66,000 square foot property sits on 12.69 acres at the corner of Thomaston and Tucker Roads, boasting high visibility and traffic counts. Currently, 4,500 square feet of retail space is available, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 1,800 square feet. The center is anchored by a significant Publix grocery store (48,387 square feet), attracting a strong customer base. Conveniently located near Wesleyan College, Idle Hour Country Club, Lake Tobesofkee, and I-475, the property benefits from its proximity to a diverse population, including students and high-income households. Additional outparcels include established businesses such as Taco Bell and Mavis Tire, further enhancing the center's appeal and drawing in significant foot traffic. This well-positioned retail center presents a compelling opportunity for businesses seeking exposure in a thriving Macon community. The property is located in Bibb County, Georgia, with a 31220 zip code. The address is 5581 Thomaston Rd, Macon, GA.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,963,239
- 6.5%
- $1,812,221
- 7%
- $1,682,777
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,161,288
- Geo Method
- $5,161,288
-
Alternative Use
- Use
- Valuation
- Residential
- $1,528,676
- Hospitality
- $1,400,259
- Educational
- $1,164,999
- Medical
- $1,205,065
- Retail
- $1,812,221
Location Insight
- City
- Macon
- County
- Bibb
- State
- Georgia
- Latitude
- 32.8357
- Longitude
- -83.7439
- CBSA code
- 31420
- CBSA name
- MACON, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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