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Educational and Retail Property in Macon's Opportunity Zone

1901 Paul Walsh Drive
Macon, GA 31206
PRICE : $4,900,000
PROPERTY TYPE: Retail
SITE SIZE: 18.25 Acres
BUILDING SIZE: 102,098 SF
YEAR BUILT: 1998

Highlights

  • ± 102,098 SF educational property
  • ± 18.25 Acres which may be subdivided
  • Located in a Federal Opportunity Zone
  • 545 parking spaces 10.00/1,000 SF
  • 22,500 vehicles per day traffic counts on Eisenhower Pkwy
  • Located 1.5 miles from Interstate 75
  • Good visibility and easy access from Eisenhower Pkwy
  • Also available for lease

Description

1901 Paul Walsh Dr is a high-end, educational and retail property formerly occupied by Virginia college located in Bibb County, Macon GA. This ± 102,098 SF educational and retail property contains 48,400 SF of high-end and turn-key classrooms. The remaining space is considered grey-box and may be sold separately for $25/SF.

This property is located in an Opportunity Zone and near Mercer, Middle Georgia State University, Wesleyan College, and Central Georgia Technical College. The subject building is a total of ± 102,098 SF that sits on an ± 18.25 acre parcel of land. The property is located in a central, retail heavy, location in Macon that has easy access to Interstate 75 and Interstate 475.

Within a 5-mile radius of the property, the population is 86,834 with a household income of $51,371. By 2024, the average expected income is projected to be $60,282. There are many new developments coming up in Macon that will create upside in the market and create new jobs.

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