Retail Space with
For Sale
$1,100,000
225 S Columbia Avenue, Rincon, GA 31326
Commercial building offering a substantial footprint, central air, electric service, and on-site asphalt parking.
Property Size3,300 SF
Price / SF$333.33
Days on Market576
Property Features for 225 S Columbia Avenue
General Information
Standard status
Active
Size
3,300 SF
Property subtype
Retail
Amenities
None, Central Air, Electric
3
GC
10 Parking Spaces. Asphalt, No Parking.
Asphalt, None.
Building Details
Year Built
1986
Buildings
1
Listing Agency:
Re/Max Savannah
(912) 355-7711
Listed By:
Ashlynn Bashlor · License #368262
Source:
Xome
Added: Feb 1, 2025
Changed: Aug 30
Last Checked: Aug 31 at 2:18PM
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 Re/Max Savannah
Investment Insights
Based on property information with market context.
This retail property at 225 S Columbia Avenue provides over 3,300 square feet within a commercial building constructed in 1986. The space includes central air and electric service, supporting a range of retail-oriented operations without adding unsupported assumptions about layout or existing improvements.
The property includes 10 on-site parking spaces with an asphalt surface. Its address is 225 S Columbia Avenue in Rincon, Georgia 31326, providing a clearly identified storefront location for businesses seeking a retail setting.
The property includes 10 on-site parking spaces with an asphalt surface. Its address is 225 S Columbia Avenue in Rincon, Georgia 31326, providing a clearly identified storefront location for businesses seeking a retail setting.
Key Highlights
- Over 3,300 square feet of retail space
- Central air and electric service
- 10 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,461
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$749,220
$749.2K
Cap Rate 7%
$535,157
$535.2K
Cap Rate 9%
$416,233
$416.2K
Market Conditions
NOI Build-Up for 3,300 SF
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.
Gross rent
$57.4K $17.40/SF
− Vacancy
−$3.9K −$1.18/SF
EGI
$53.5K $16.22/SF
− OpEx
−$16.1K −$4.87/SF
NOI
$37.5K $11.35/SF
Area
Effingham County, GA
Vacancy
6.80%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$749,220
Cap Rate 7%
$535,157
Cap Rate 9%
$416,233
Alternative Uses
Best Use
Retail
$535.2K
$468.3K – $624.4K
NOI $37,461 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.08M
$2.70M – $3.60M
NOI $215,884 @ 7.0% cap · market cap 19.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
60k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Dining 26%
Electronics 8%
Parker's Kitchen
Shops & Services
19,245 visits/mo
0.1 miles
Dunkin' Donuts
Dining
11,326 visits/mo
0.5 miles
Dollar General
Shops & Services
9,223 visits/mo
0.2 miles
T-Mobile
Electronics
4,652 visits/mo
0.5 miles
Bank of America
Shops & Services
4,465 visits/mo
0.1 miles
Demographics for 31326, GA
22,449
Population
9,465
Households
2.4
Avg Household Size
37
Median Age
29%
College-Educated
94%
High-School Grad
68.6 sq mi
ZIP Area
327
Density / Sq Mi
$82,196
Median Household Income
$47,234
Median Earnings
$1,141
Median Rent
$244,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial building offering a substantial footprint, central air, electric service, and on-site asphalt parking.
Where is this retail space located?
The property is located at 225 S Columbia Avenue Rincon, GA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Over 3,300 square feet of retail space; Central air and electric service; 10 on‑site parking spaces
