Versatile Commercial Property in
1233 midway Columbus, GA 31904
1233 midway, Columbus, GA, 31904
$250,000
For Sale
$250,000
4,800 sq ft building on 0.75-acre lot for sale.
Property Size4,800 SF
Price / SF$52.08
Days on Market239
Property Features for 1233 midway
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Property subtype
- Industrial
Listing Agency
SVN Fall Line Commercial Advisors
(706) 566-9135
Listed by
Franklin Harcourt · License #343941
(706) 566-9135
Source
Svn
Added: Nov 21, 2025 Checked: Jul 17 at 7:04 am
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 SVN Fall Line Commercial Advisors
Investment Insights
Based on property information with market context.
Located in Columbus’s commercial district, this property at 1233 Midway Drive is situated on a 0.75-acre lot. The 4,800 sq ft building is suitable for retail, wholesale, or light industrial use. The property offers access to major thoroughfares and surrounding businesses.
Key Highlights
- Located in Columbus’s vibrant commercial district
- Spacious 0.75‑acre lot
- 4,800 sq ft building on site
Local Financial Insights For Industrial
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 | $32.8k | $6.84 |
| − Vacancy | −$2.3k | −$0.49 |
| EGI | $30.5k | $6.35 |
| − OpEx | −$9.2k | −$1.91 |
| NOI | $21.4k | $4.45 |
4,800 SF · lease $6.84/SF/yr · vacancy 7.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$835.2K
$730.8K – $974.5K
NOI $58,467 @ 7.0% cap · market cap 23.39%
Second Best
Industrial
$305.0K
$266.9K – $355.9K
NOI $21,351 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$1.07M
$939.8K – $1.25M
NOI $75,180 @ 7.0% cap · market cap 30.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
Similar For Sale Nearby
FAQs
What type of property is this?
Industrial property - 4,800 sq ft building on 0.75-acre lot for sale.
Where is this industrial property located?
The property is located at 1233 midway Columbus, GA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Located in Columbus’s vibrant commercial district; Spacious 0.75‑acre lot; **4,800 sq ft building on site**
