Two-Building Flex Industrial
For Sale
Contact for pricing
1328 Webster Avenue, Columbus, GA 31901
LMI-zoned property combines office amenities with warehouse space and multiple loading points.
Property Size79,118 SF
Price / SF$48.66
Days on Market8
Property Features for 1328 Webster Avenue
General Information
Standard status
Active
Size
79,118 SF
Property subtype
Industrial
Zoning
LMI
Additional Details
Opportunity Zone
Yes
Building Details
Buildings
2
Listing Agency:
NAI G2 Commercial
(706) 580-0614
Listed By:
David Johnson · License #GA 175456
Source:
Crexi
Added: Jul 29
Changed: Aug 5
Last Checked: Aug 5 at 1:54PM
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 NAI G2 Commercial
Investment Insights
Based on property information with market context.
This flex property includes two separate buildings totaling 79,118 SF. The primary facility contains approximately 75,118 SF, while a second warehouse provides approximately 4,000 SF. Interior functions include office areas, conference space, a cafeteria, and substantial warehouse capacity. Multiple drive-in bays and dock-high roll-up doors support receiving, shipping, and day-to-day industrial operations.
Located at 1328 Webster Avenue in Columbus, GA, the property is within a Qualified Opportunity Zone. LMI zoning and the existing mix of administrative, warehouse, and loading improvements support manufacturing, warehousing, distribution, and owner-user operations.
Located at 1328 Webster Avenue in Columbus, GA, the property is within a Qualified Opportunity Zone. LMI zoning and the existing mix of administrative, warehouse, and loading improvements support manufacturing, warehousing, distribution, and owner-user operations.
Key Highlights
- Two‑building configuration totaling 79,118 SF
- Main facility measures +/- 75,118 SF
- Separate warehouse measures +/- 4,000 SF
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 | $541.2k | $6.84 |
| − Vacancy | −$38.4k | −$0.49 |
| EGI | $502.7k | $6.35 |
| − OpEx | −$150.8k | −$1.91 |
| NOI | $351.9k | $4.45 |
79,118 SF · lease $6.84/SF/yr · vacancy 7.10% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$6.10M
$5.34M – $7.12M
NOI $427,333 @ 7.0% cap · market cap 11.10%
Second Best
Industrial
$5.03M
$4.40M – $5.87M
NOI $351,921 @ 7.0% cap · market cap 9.14%
Theoretical Best
Office A
$17.70M
$15.49M – $20.65M
NOI $1,239,193 @ 7.0% cap · market cap 32.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,296
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 31901, GA
7,126
Population
3,971
Households
1.8
Avg Household Size
36
Median Age
35%
College-Educated
82%
High-School Grad
4.4 sq mi
ZIP Area
1,620
Density / Sq Mi
$47,316
Median Household Income
$35,062
Median Earnings
$893
Median Rent
$208,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Twist Skillit — 1314 13th St, Columbus, GA 31901
Frequently Asked Questions
What type of property is this?
Flex space - LMI-zoned property combines office amenities with warehouse space and multiple loading points.
Where is this flex space located?
The property is located at 1328 Webster Avenue Columbus, GA.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: Two‑building configuration totaling 79,118 SF; Main facility measures +/- 75,118 SF; Separate warehouse measures +/- 4,000 SF
