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3619 Mercer University Dr 2,793 SF Retail Building Macon-Bibb, GA 31204 $675,000 ($241.68/SF) 6.23% Cap Rate
Investment Highlights
- Excellent visability, signage and easy access
- Located along Mercer University Drive, one of Macon's main commercial corridors
- Surrounded by national retailers
Executive Summary
Turnkey Investment Opprotunity Situated on ±0.63 acre.
Property Facts
Sale Type
Investment NNN
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,793 SF
Building Class
C
Year Built
1980
Price
$675,000
Price Per SF
$241.68
Cap Rate
6.23%
NOI
$42,024
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.63 AC
Zoning
C-2 - Commercial
Parking
11 Spaces (3.94 Spaces per 1,000 SF Leased)
Frontage
103’ on Mercer University Dr
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
S&S Cafeterias
Property Taxes
| Parcel Number | M084-0206 | Improvements Assessment | $52,941 |
| Land Assessment | $56,760 | Total Assessment | $109,701 |
Property Taxes
Parcel Number
M084-0206
Land Assessment
$56,760
Improvements Assessment
$52,941
Total Assessment
$109,701
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