Commercial Real Estate in Macon, GA
About Larry
Contact LarryLarry E. Crumbley, CCIM, CPM, SIOR, CRE
Snapshot of Macon Commercial Markets
Updated June, 2007
| Macon Area Price Ranges |
Low Rental Rates |
High Rental Rates |
Effective Average Rental Rates |
Vacancy Rate |
| DOWNTOWN OFFICE (full service) | ||||
| New Construction | $16.50 | $19.50 | $18.00 | 20% |
| Class A | $13.50 | $16.50 | $15.00 | 22% |
| Class B | $9.00 | $13.50 | $11.00 | 17% |
| SUBURBAN OFFICE (full service) | ||||
| New Construction | $17.00 | $20.00 | $18.00 | N/A |
| Class A | $14.00 | $19.00 | $17.50 | 18% |
| Class B | $10.00 | $14.00 | $12.00 | 25% |
| INDUSTRIAL SPACE (3Net) | ||||
| Bulk Warehouse | $1.50 | $3.25 | $2.25 | 24% |
| Manufacturing | $3.20 | $4.10 | $4.50 | 25% |
| High Tech/R&D | $3.00 | $10.00 | $8.00 | N/A |
| RETAIL SPACE (3Net) | ||||
| Downtown | $4.00 | $12.00 | $6.00 | 25% |
| Neighborhood Service Centers | $8.00 | $20.00 | $12.00 | 12% |
| Community Power Centers | $6.00 | $29.00 | $19.00 | 20% |
| Regional Malls | $9.00 | $25.00 | $25.00 | 20% |
| (Rental rates/square foot/year) | ||||
| DEVELOPMENT LAND | Low (Price Per Acre) |
High (Price Per Acre) |
||
| Office in CBD (per buildable foot) | $2.00 | $10 | ||
| Land in Office Parks | $125,000 | $800,000 | ||
| Land in Industrial Parks | $10,000 | $60,000 | ||
| Office/Industrial Land-Non Park | $15,000 | $135,000 | ||
| Retail/Commercial Land | $100,000 | $600,000 | ||
| Residential | $5,000 | $20,000 | ||
This information is from resources deemed to be reliable, no warranties or guarantees for accuracy are made by Fickling & Company
July 5, 2008
Featured Listings
Featured Listing
Macon, GA
Price: $5.75 (lease) PSF Triple Net
$330,000 (sale)
Size: 5500 SF
$330,000 (sale)
Size: 5500 SF
Type: Industrial - Warehouse, Flex
Office/Warehouse with 2700 sf office, one dock door, and 2 ground level doors. Located off Thomaston Rd near I-475 Exit. Contact Larry Crumbley or Donnie Laurens 478-746-9421
Featured Listing
Gray, GA
Price: $4.55 (lease) PSF Triple Net
Size: 30852 SF
Size: 30852 SF
Type: Retail
30,000 sf anchor space in strip center. Ideal for grocery or other retail uses. Nearby businesses include Family Dollar, Rite Aid, Zaxby's, Huddle House and Popeye's. Pharmacies excluded. Owner will divide. Contact Larry Crumbley or Paul Nelson.
Featured Listing
MAcon, GA
Price: $1,500.00 (lease) MONTH Modified Gross
$130,000 (sale)
Size: 2000 SF
$130,000 (sale)
Size: 2000 SF
Type: Office
Free standing building that can easily be divided. Existing office wil need changes. Excellent re-development oppertunity.