Two-Story Office Building on Warm
For Sale
Contact for pricing
1906 Warm Springs Rd, Columbus, GA 31904
Two-story office building with flexible floor plan on Warm Springs.
Property Size10,124 SF
Price / SF$128.01
Days on Market232
Property Features for 1906 Warm Springs Rd
General Information
Standard status
Active
Size
10,124 SF
Class
C
Property subtype
Office
Zoning
RO
Lease Type
NNN
Building Details
Year Built
1996
Buildings
1
Stories
2
Listing Agency:
Keller Williams Realty River Cities
Listed By:
Lakshmi Karthik · License #GA 379497
(706) 660-5418
Source:
Crexi
Added: Feb 17
Changed: Sep 26
Last Checked: Oct 5 at 5:38PM
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 Keller Williams Realty River Cities
Investment Insights
Based on property information with market context.
Located on Warm Springs Road, this two-story office building offers approximately 10,124 square feet of space. The property is suitable for investors or owner-users seeking a well-configured office in Columbus. The building features a functional layout that includes numerous private offices of varying sizes and multiple storage rooms. Restrooms are located on both floors. The property also contains a mix of standard and oversized offices suitable for executive suites or conference rooms. The flexible floor plan supports a variety of uses, including professional services, medical, counseling, education, or general office occupancy.
Key Highlights
- High‑traffic location on Warm Springs Road.
- +/- 10,124 square foot, two‑story office building.
- Functional layout with numerous private offices.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,095
Cap Rate
9.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,381,900
$2.4M
Cap Rate 7%
$1,701,357
$1.7M
Cap Rate 9%
$1,323,278
$1.3M
Market Conditions
NOI Build-Up for 10,124 SF
Gross rent
$171.3K $16.92/SF
− Vacancy
−$12.5K −$1.24/SF
EGI
$158.8K $15.68/SF
− OpEx
−$39.7K −$3.92/SF
NOI
$119.1K $11.76/SF
Area
Columbus, GA
Vacancy
7.30%
Lease Rate
$16.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,381,900
Cap Rate 7%
$1,701,357
Cap Rate 9%
$1,323,278
Alternative Uses
Best Use
Office B
$1.70M
$1.49M – $1.98M
NOI $119,095 @ 7.0% cap · market cap 9.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.27M
$1.98M – $2.64M
NOI $158,568 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
592
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 Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Two-story office building with flexible floor plan on Warm Springs.
Where is this office building located?
The property is located at 1906 Warm Springs Rd Columbus, GA.
What is the asking price?
The asking price for this property is $1,296,000.
What are key features of this property?
This property features: High‑traffic location on Warm Springs Road.; +/- 10,124 square foot, two‑story office building.; Functional layout with numerous private offices.
