Renovated Medical Office
6480 Milgen Road, Columbus, GA 31907
SINGLE_FAMILY - Columbus, GA
Type:Office
Property size:
6,208 SFLot size:
1.61 AcresPrice / SF:
$217/SF- Added:
- Apr 1, 2026
- Days on Market:
- 46
- Last Refresh:
- May 16 at 5:06 am
Property Features for 6480 Milgen Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- GC
- Standard status
- Active
- APN
- 110 005 003C
- Size
- 6,208 SF
- Lot size
- 1.61 Acres
Building Details
- Year built
- 2002
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Brick
Listing agent Jack Hayes License ##000094654 (706) 580-0614
Listing office G2 Commercial Real Estate PO BOX 4529, Columbus, GA (706) 660-5418
Listing date Apr 1, 2026
MLS# 230809
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.
HighLights
- Fully renovated, turnkey medical office building, ready for immediate occupancy and customization.
- Flexible configurations suitable for single or dual medical practices.
- Located in the rapidly growing Midland (NE Columbus) area with high demand for healthcare services.
- Excellent visibility and convenient access for patients.
- Expanded parking to support patient flow.
- Available for purchase at $1,350,000, presenting an opportunity for owner‑user or investor.
Overview
This is a rare opportunity to purchase or lease a fully renovated, turnkey medical office building in the rapidly growing Midland area of Columbus, GA. The property, formerly a Synovus Bank branch, is being redeveloped into a modern medical office building with flexible configurations suitable for a single user or two medical practices. The space will be delivered turnkey, allowing customization of layout and finishes. Improvements include the removal of the existing drive-thru and expanded parking to support patient flow. The property is also available for purchase, offering an opportunity for an owner-user or investor. The building has excellent visibility, convenient access, and is located in an area with growing demand for healthcare services. The property is zoned GC and has a property size of 6208 square feet and a lot size of 1.611 acres.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$811.4K
NOI $73,029 @ 9.00% cap · cautious / downside scenario
Moderate
$1.04M
NOI $73,029 @ 7.00% cap · market / base-case scenario
Aggressive
$1.46M
NOI $73,029 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.0k | $16.92 |
| − Vacancy | −$7.7k | −$1.24 |
| EGI | $97.4k | $15.68 |
| − OpEx | −$24.3k | −$3.92 |
| NOI | $73.0k | $11.76 |
6,208 SF · lease $16.92/SF/yr · vacancy 7.30% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.04M
$912.9K – $1.22M
NOI $73,029 @ 7.0% cap · market cap 5.41%
Second Best
Healthcare Medical
$1.04M
$911.6K – $1.22M
NOI $72,925 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,233 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Synovus Bank
Bank
Similar Places Nearby
- Midland Animal Hospital — 6720 Flat Rock Rd Suite E, Midland, GA 31820
- Best Veterinary Solutions — 6231 Gateway Rd, Columbus, GA 31909
- PetVet Wellness Center — 6713 Flat Rock Ct Ste 100, Midland, GA 31820
- Vet Vaccinations Clinic at Tractor Supply Co. — 6713 Flat Rock Rd, Midland, GA 31820
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Muscogee
- State
- Georgia
- Longitude
- -84.8686124
- Latitude
- 32.5372416
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Turnkey medical office in rapidly growing Midland area.
Where is this medical office space located?
The property is located at 6480 Milgen Road Columbus, GA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Fully renovated, turnkey medical office building, ready for immediate occupancy and customization.; Flexible configurations suitable for single or dual medical practices.; Located in the rapidly growing Midland (NE Columbus) area with high demand for healthcare services.
