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Medical Office Building in Office Park
For Sale
$1,800,000

1240 Brookstone Centre Parkway, Columbus, GA 31904

Commercial Sale, Columbus, GA

Property Size6,505 SF
Lot Size1.75 Acres
Price / SF$276.71
Days on Market218

Property Features for 1240 Brookstone Centre Parkway

General Information

Property type Commercial Sale
Property subtype Other
Zoning CO
Lot features Sidewalks, Business Park
Directions Turn Into Brookstone Centre Turn Right At Stop Sign Building On Right
Subdivision Muscogee
Standard status Active
APN 181 008 085
Size 6,505 SF
Lot size 1.75 Acres

Utilities

Utilities Water Available
Cooling system Electric, Central Air

Amenities

nature preserve
pond
walking trails
outdoor sitting areas

Building Details

Year built 2010
Floors in Building 1
Number of units 1
Building materials Brick
Roof type Metal
Listing Agency: Berkshire Hathaway HS First Magnolia Realty
Listed By: Cal Knecht
Added: Mar 22 Changed: Oct 21 Last Checked: Oct 25 at 12:06AM
MLS# 230641

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.

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Investment Insights

Based on property information with market context.

Built in 2010, this 6,505-square-foot brick medical office property provides a dedicated healthcare setting within Brookstone Centre Office Park. The facility currently houses North Columbus Eye Center and Wellness & Beyond Medispa, with central air and electric cooling, a metal roof, and water available. The property is zoned CO and occupies a 1.75-acre lot.

Access to I-185 places the facility near shopping, dining, and hotels. The office park setting includes an approximately 6.5-acre nature preserve and an approximately 3.5-acre pond, along with walking trails and outdoor sitting areas. The property may be acquired with a fresh 5-year lease or delivered vacant for an owner-operator.

Key Highlights

  • 6,505‑square‑foot medical office property built in 2010
  • Current occupants include North Columbus Eye Center and Wellness & Beyond Medispa
  • Zoned CO on a 1.75‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,414
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,528,280 $1.5M
Cap Rate 7%
$1,091,629 $1.1M
Cap Rate 9%
$849,044 $849.0K
Market Conditions
NOI Build-Up for 6,505 SF
Gross rent
$137.4K $21.12/SF
− Vacancy
−$10.0K −$1.54/SF
EGI
$127.4K $19.58/SF
− OpEx
−$50.9K −$7.83/SF
NOI
$76.4K $11.75/SF
Area
Columbus, GA
Vacancy
7.30%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,528,280
Cap Rate 7%
$1,091,629
Cap Rate 9%
$849,044

Alternative Uses

Best Use
Office B
$1.09M
$956.5K – $1.28M (±1% cap)
NOI $76,522 @ 7.0% cap · market cap 4.25%
Second Best
Healthcare Medical
$1.09M
$955.2K – $1.27M (±1% cap)
NOI $76,414 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$1.46M
$1.27M – $1.70M (±1% cap)
NOI $101,885 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

North Columbus Eye ... Medical Clinic Retina of Auburn & Metro-Columbus Ophthalmologist Dr. Joseph F. ... Ophthalmologist Wellness & Beyond Medispa Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Parking Lot & Garage Building Supply Hair Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

566
Businesses Nearby
Under-served
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - Brick medical facility with central air, water availability, and flexible occupancy options for healthcare operators.
Where is this medical office space located?
The property is located at 1240 Brookstone Centre Parkway Columbus, GA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 6,505‑square‑foot medical office property built in 2010; Current occupants include North Columbus Eye Center and Wellness & Beyond Medispa; Zoned CO on a 1.75‑acre lot
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