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240 N Macon St - ±6.23 AC Fully Entitled Multifamily Land 6.23 Acres of Residential Land in Macon-Bibb, GA 31210
Investment Highlights
- Fully entitled and approved for 130 apartment units
- Average household income of $140,346 within a 1 mile radius
- 2 additional adjoining acres also available to build additional units for $578,000
- Premier location in North Macon adjacent from a new Publix Shopping Center and Chick-Fil-A
- Median home value of $311,491
Executive Summary
This fully entitled 6.23-acre parcel in Macon, Georgia, offers a prime multifamily development opportunity with approvals in place for a 130 unit, Class "A" mid-rise apartment complex. Comprised of three lots, the site is strategically located in a growing market with strong housing demand. An additional 2 acres are also available, providing potential for further expansion.
The location benefits from its proximity to major employers in the aerospace, bank office operations, advanced manufacturing, food processing, warehouse and distribution industries, and more ensuring a steady pool of potential residents. There are over 40,900 residents within a 5-mile radius with a median income of $79,825, 16.57% higher than the U.S. average. Additionally, the area is experiencing ongoing growth with upcoming commercial and infrastructure developments that will further
enhance the desirability of this location.
With entitlements secured and utilities accessible, this parcel offers a streamlined path to delivering much-needed housing in Macon’s expanding market.
The location benefits from its proximity to major employers in the aerospace, bank office operations, advanced manufacturing, food processing, warehouse and distribution industries, and more ensuring a steady pool of potential residents. There are over 40,900 residents within a 5-mile radius with a median income of $79,825, 16.57% higher than the U.S. average. Additionally, the area is experiencing ongoing growth with upcoming commercial and infrastructure developments that will further
enhance the desirability of this location.
With entitlements secured and utilities accessible, this parcel offers a streamlined path to delivering much-needed housing in Macon’s expanding market.
Property Facts
1 Lot Available
Lot
| Lot Size | 6.23 AC |
| Lot Size | 6.23 AC |
Fully entitled and approved for 130 apartment units
1 1
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100
1 of 5
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240 N Macon St - ±6.23 AC Fully Entitled Multifamily Land
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