Versatile Commercial Property in
For Sale
$250,000
1233 midway, Columbus, GA 31904
4,800 sq ft building on 0.75-acre lot for sale.
Property Size4,800 SF
Price / SF$52.08
Days on Market329
Property Features for 1233 midway
General Information
Standard status
Active
Size
4,800 SF
Property subtype
Industrial
Building Details
Building Size
4,800 SF
Listing Agency:
SVN Fall Line Commercial Advisors
Listed By:
Franklin Harcourt · License #343941
(706) 566-9135
Source:
Svn
Added: Nov 21, 2025
Changed: Oct 14
Last Checked: Oct 16 at 8:08AM
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
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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**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,351
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,020
$427.0K
Cap Rate 7%
$305,014
$305.0K
Cap Rate 9%
$237,233
$237.2K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$32.8K $6.84/SF
− Vacancy
−$2.3K −$0.49/SF
EGI
$30.5K $6.35/SF
− OpEx
−$9.2K −$1.91/SF
NOI
$21.4K $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 Rate 5%
$427,020
Cap Rate 7%
$305,014
Cap Rate 9%
$237,233
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 authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,020
Businesses Nearby
Explore this area
Business Placement
Demographics for 31904, GA
36,947
Population
15,947
Households
2.3
Avg Household Size
39
Median Age
31%
College-Educated
88%
High-School Grad
27.5 sq mi
ZIP Area
1,344
Density / Sq Mi
$65,625
Median Household Income
$42,573
Median Earnings
$1,036
Median Rent
$216,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
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**
