5581 Thomaston RdMacon, GA 31220

  • Retail properties
  • 10,500 SF
For Lease

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
5581 Thomaston Rd, Macon, Georgia

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

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
$202,166
$3,505,376
$3,319,708
$6,825,084
-
$8,763,441
$8,299,270
$17,062,711

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