Repurposable Office
1114 N Columbia Ave Rincon, GA 31326
1114 N Columbia Ave, Rincon, GA, 31326
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For Sale
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Existing residential structure is set up for conversion to office space, with an added shed for storage.
Property Size2,216 SF
Price / SF$293.32
Days on Market82
Property Features for 1114 N Columbia Ave
General Information
- Standard status
- Active
- Size
- 2,216 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1953
Listing agency
Coldwell Banker Commercial Morgan Properties
(404) 400-2622
Listed by
Beth Moraitakis · License #405440
Source
Crexi
Added: May 1 Updated: Jul 21 at 7:09AM Checked: Jul 21 at 7:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Morgan Properties
Investment Insights
Based on property information with market context.
1114 Columbia Avenue presents a repurposable office building opportunity built from an existing residential structure that can be converted to office use. An added shed provides supplementary storage for equipment and materials, supporting practical day-to-day operations.
The property is located just off the Highway 21 corridor, an established commercial artery connecting Rincon to the Savannah MSA. The surrounding area continues to see residential and commercial development along the corridor, contributing to increased demand for local services.
For an owner-user looking to establish an office presence in Effingham County’s growth path, this site offers an immediate, functional conversion approach without waiting for new construction.
The property is located just off the Highway 21 corridor, an established commercial artery connecting Rincon to the Savannah MSA. The surrounding area continues to see residential and commercial development along the corridor, contributing to increased demand for local services.
For an owner-user looking to establish an office presence in Effingham County’s growth path, this site offers an immediate, functional conversion approach without waiting for new construction.
Key Highlights
- 1953‑built property with an existing residential structure set up for conversion to office space
- Added shed provides extra storage for equipment and materials
- Located just off the Highway 21 corridor
Local Financial Insights For Office B
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 | $49.2k | $22.20 |
| − Vacancy | −$8.1k | −$3.66 |
| EGI | $41.1k | $18.54 |
| − OpEx | −$10.3k | −$4.63 |
| NOI | $30.8k | $13.90 |
2,216 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$440.1K
$385.1K – $513.5K
NOI $30,808 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.07M
$1.81M – $2.42M
NOI $144,970 @ 7.0% cap · market cap 22.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Existing residential structure is set up for conversion to office space, with an added shed for storage.
Where is this office units located?
The property is located at 1114 N Columbia Ave Rincon, GA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1953‑built property with an existing residential structure set up for conversion to office space; Added shed provides extra storage for equipment and materials; Located just off the Highway 21 corridor
