Retail-Lease Land Development
4200 Victory Drive Columbus, GA 31903
4200 Victory Drive, Columbus, GA, 31903
$395,000
For Sale
$395,000
COMMERCIAL - Columbus, GA
Property Size2,505 SF
Lot Size1.67 Acres
Price / SF$157.68
Days on Market95
Property Features for 4200 Victory Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 062 053 001
- Size
- 2,505 SF
- Lot size
- 1.67 Acres
Building Details
- Year built
- 1963
- Number of units
- 10
Listing Agency
G2 Commercial Real Estate
(706) 660-5418
PO BOX 4529, Columbus, GA
Listed by
Jack Hayes · License #336627
(706) 580-0614
Added: Apr 15 Checked: Jul 18 at 3:06 pm
MLS# 220779
Copyright © 2026 Columbus Board of Realtors (GA). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale portfolio includes 10 contiguous parcels totaling approximately 1.67 acres. One parcel features a fully leased 2,505 SF retail space occupied by a reliable income-producing tenant, with no landlord maintenance responsibilities noted in the remarks. The remaining nine parcels are undeveloped land suitable for future commercial development.
The property is located on a high-visibility road with an average daily traffic count of over 28,000, supporting strong exposure and accessibility. Eight parcels are zoned Neighborhood Commercial (NC), with the remarks indicating allowance for a variety of commercial uses such as retail, office, and mixed-use development. The remaining two parcels are zoned Single-Family Residential (SFR), which are currently limited to residential use but may offer future redevelopment or rezoning potential.
Parcels included in the sale are listed as: 062 053 001, 062 053 022, 062 053 020, 062 053 003, 062 053 004, 062 053 005, 062 053 006, 062 053 017, 062 053 018, and 062 053 019.
The property is located on a high-visibility road with an average daily traffic count of over 28,000, supporting strong exposure and accessibility. Eight parcels are zoned Neighborhood Commercial (NC), with the remarks indicating allowance for a variety of commercial uses such as retail, office, and mixed-use development. The remaining two parcels are zoned Single-Family Residential (SFR), which are currently limited to residential use but may offer future redevelopment or rezoning potential.
Parcels included in the sale are listed as: 062 053 001, 062 053 022, 062 053 020, 062 053 003, 062 053 004, 062 053 005, 062 053 006, 062 053 017, 062 053 018, and 062 053 019.
Key Highlights
- High‑visibility location with over 28,000 average daily traffic count.
- 1.67 acres of contiguous parcels, offering substantial development potential.
- Income‑producing retail space (2,505 SF) with a reliable tenant paying $2,400/month and no landlord maintenance.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.7k | $18.24 |
| − Vacancy | −$2.1k | −$0.84 |
| EGI | $43.6k | $17.40 |
| − OpEx | −$13.1k | −$5.22 |
| NOI | $30.5k | $12.18 |
2,505 SF · lease $18.24/SF/yr · vacancy 4.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$435.9K
$381.4K – $508.6K
NOI $30,513 @ 7.0% cap · market cap 7.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$560.5K
$490.4K – $653.9K
NOI $39,235 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Soldiers Place
(Bike/Boat/Book/etc) Store
The Vape Loft - Vape ...
(Bike/Boat/Book/etc) Store
Merit Military Lending
Loan Service
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Portfolio of 10 contiguous parcels totaling about 1.67 acres, including a fully leased 2,505 SF retail space.
Where is this commercial land located?
The property is located at 4200 Victory Drive Columbus, GA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: High‑visibility location with over 28,000 average daily traffic count.; 1.67 acres of contiguous parcels, offering substantial development potential.; Income‑producing retail space (2,505 SF) with a reliable tenant paying $2,400/month and no landlord maintenance.
