Multi-Building Retail
4319 Victory Drive Columbus, GA 31903
4319 Victory Drive, Columbus, GA, 31903
$350,000
For Sale
$350,000
COMMERCIAL - Columbus, GA
Property Size2,489 SF
Lot Size1.00 Acre
Price / SF$140.62
Days on Market251
Property Features for 4319 Victory Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 20
- Standard status
- Active
- APN
- Multiple
- Size
- 2,489 SF
- Lot size
- 1.00 Acre
Utilities
- Utilities
- Water Available
- Heating system
- Natural Gas, Electric (Heating)
Building Details
- Year built
- 1962
- Number of units
- 2
- Building materials
- Brick, Frame
- Roof type
- Asphalt
Listing agency
Flournoy & Calhoun REALTORS
(706) 327-1990
Listed by
Boon Bickerstaff · License #401869
(706) 718-0439
Added: Nov 13, 2025 Updated: Jun 9 at 1:39PM Checked: Jul 22 at 6:06PM
MLS# 224464
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.
The offering includes two retail buildings on a one-acre parcel, totaling 2,489 square feet. The property is currently occupied by tenants in both buildings, providing an established retail configuration for an owner who wants immediate income from day one. Tenants are instructed not to be disturbed.
The buildings are situated on a heavily trafficked section of Victory Drive in Columbus, Georgia. The location also provides convenience to Interstate 185 and is described as being close to Fort Benning, supporting accessibility for retail customers traveling through the area.
For investors or owner-operators evaluating retail real estate, this property presents a straightforward setup with both buildings leased and operating. Prospective buyers should review the existing tenant status and plan for due diligence around the two occupied spaces, including confirming lease terms and any operational requirements tied to the current occupancy.
The buildings are situated on a heavily trafficked section of Victory Drive in Columbus, Georgia. The location also provides convenience to Interstate 185 and is described as being close to Fort Benning, supporting accessibility for retail customers traveling through the area.
For investors or owner-operators evaluating retail real estate, this property presents a straightforward setup with both buildings leased and operating. Prospective buyers should review the existing tenant status and plan for due diligence around the two occupied spaces, including confirming lease terms and any operational requirements tied to the current occupancy.
Key Highlights
- 1‑acre parcel on a heavily trafficked section of Victory Drive
- Convenient to Interstate 185 and close to Ft Benning and Columbus
- Both buildings are currently occupied
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 | $45.4k | $18.24 |
| − Vacancy | −$2.1k | −$0.84 |
| EGI | $43.3k | $17.40 |
| − OpEx | −$13.0k | −$5.22 |
| NOI | $30.3k | $12.18 |
2,489 SF · lease $18.24/SF/yr · vacancy 4.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$433.1K
$379.0K – $505.3K
NOI $30,318 @ 7.0% cap · market cap 8.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$556.9K
$487.3K – $649.7K
NOI $38,984 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Classics Night Club
Nightclub
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Two occupied retail buildings on a one-acre parcel along Victory Drive near major access routes.
Where is this storefront property located?
The property is located at 4319 Victory Drive Columbus, GA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1‑acre parcel on a heavily trafficked section of Victory Drive; Convenient to Interstate 185 and close to Ft Benning and Columbus; Both buildings are currently occupied
