Four-Bay Repair Shop with Pole
For Sale
$425,000
453 Old Buena Vista Rd, Columbus, GA 31906
Commercial Sale, Columbus, GA
Property Size3,400 SF
Lot Size12.00 Acres
Price / SF$125
Days on Market133
Property Features for 453 Old Buena Vista Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Exterior features
Storage
Fencing
Fenced
Lot features
Curbs
Directions
I-185 To Buena Vista Road. Turn West Onto Buena Vista Road- Go About 2 Miles, Then Turn On Right Onto Old Buena Vista Road. Property Will Be Further Down On Right.
Subdivision
Muscogee
Standard status
Active
APN
065002013 +
Size
3,400 SF
Lot size
12.00 Acres
Utilities
Utilities
Water Available
Heating system
See Remarks (Heating)
Water front
1
Amenities
4-bay repair shop
2 pole barns
Bull creek frontage
Building Details
Year built
1996
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Metal Siding
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Braxton Real Estate LLC
Listed By:
Leah Braxton · License #210859
(706) 289-5886
Added: Apr 29
Changed: Aug 27
Last Checked: Sep 8 at 2:06AM
MLS# 231473
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 automotive property comprises 8 contiguous parcels totaling 12 acres. Improvements include a 3,400-square-foot, four-bay repair shop with concrete flooring, metal siding, a metal roof, fencing, and storage areas. Two pole barns provide additional covered space, measuring 130 x 60 and 25 x 130. The buildings date to 1996, and water is available.
The property includes 7.2 acres zoned LMI, 4.7 acres designated RMf3, and 5 residential lots. The site is flat and usable, with one side bordering Bull Creek. Located at 453 Old Buena Vista Rd in Columbus, Georgia, the property combines an existing repair-shop layout with substantial land and accessory storage structures.
The property includes 7.2 acres zoned LMI, 4.7 acres designated RMf3, and 5 residential lots. The site is flat and usable, with one side bordering Bull Creek. Located at 453 Old Buena Vista Rd in Columbus, Georgia, the property combines an existing repair-shop layout with substantial land and accessory storage structures.
Key Highlights
- 8 contiguous parcels totaling 12 acres
- 3,400 sf+ four‑bay repair shop
- Two pole barns measuring 130 x 60 and 25 x 130
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,123
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$302,460
$302.5K
Cap Rate 7%
$216,043
$216.0K
Cap Rate 9%
$168,033
$168.0K
Market Conditions
NOI Build-Up for 3,400 SF
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.
Gross rent
$23.3K $6.84/SF
− Vacancy
−$1.7K −$0.49/SF
EGI
$21.6K $6.35/SF
− OpEx
−$6.5K −$1.91/SF
NOI
$15.1K $4.45/SF
Area
Columbus, GA
Vacancy
7.10%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$302,460
Cap Rate 7%
$216,043
Cap Rate 9%
$168,033
Alternative Uses
Best Use
Retail
$591.6K
$517.7K – $690.2K
NOI $41,414 @ 7.0% cap · market cap 9.74%
Second Best
Industrial
$216.0K
$189.0K – $252.1K
NOI $15,123 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$760.8K
$665.7K – $887.6K
NOI $53,253 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Service bays
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 31906, GA
21,835
Population
11,046
Households
2
Avg Household Size
38
Median Age
31%
College-Educated
86%
High-School Grad
6.9 sq mi
ZIP Area
3,164
Density / Sq Mi
$41,913
Median Household Income
$35,820
Median Earnings
$872
Median Rent
$170,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Fenced automotive property with storage improvements, concrete flooring, metal siding, and water availability.
Where is this auto shop located?
The property is located at 453 Old Buena Vista Rd Columbus, GA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 8 contiguous parcels totaling 12 acres; 3,400 sf+ four‑bay repair shop; Two pole barns measuring 130 x 60 and 25 x 130
