Columbus Office Building For
For Sale
$200,000
2222 Francis St, Columbus, GA 31906
Well-located office building in Columbus, GA, with ample parking.
Property Size1,494 SF
Price / SF$133.87
Days on Market320
Property Features for 2222 Francis St
General Information
Standard status
Active
Size
1,494 SF
Class
C
Property subtype
Office
Building Details
Building Size
1,494 SF
Year Built
1925
Listed By:
Bryce Reese · License #GA #442996
(843) 687-3831
Source:
Svn
Added: Nov 21, 2025
Changed: Sep 23
Last Checked: Oct 5 at 5:07PM
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 Bryce Reese
Investment Insights
Based on property information with market context.
This commercial property, located in Columbus, GA, offers a setting for businesses. The property, situated on Francis St., has 1,494 square feet of space. Zoned for commercial use, it is suitable for office or retail purposes. The property includes on-site parking for tenants and visitors. Its location provides access to shopping, dining, and transportation.
Key Highlights
- Strategically located in the heart of Columbus, GA, near major roads, businesses, shopping, dining, and transportation.
- Zoned commercial, making it ideal for office or retail use.
- Offers ample on‑site parking for both tenants and visitors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,575
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,500
$351.5K
Cap Rate 7%
$251,071
$251.1K
Cap Rate 9%
$195,278
$195.3K
Market Conditions
NOI Build-Up for 1,494 SF
Gross rent
$25.3K $16.92/SF
− Vacancy
−$1.8K −$1.24/SF
EGI
$23.4K $15.68/SF
− OpEx
−$5.9K −$3.92/SF
NOI
$17.6K $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%
$351,500
Cap Rate 7%
$251,071
Cap Rate 9%
$195,278
Alternative Uses
Best Use
Office B
$251.1K
$219.7K – $292.9K
NOI $17,575 @ 7.0% cap · market cap 8.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$334.3K
$292.5K – $390.0K
NOI $23,400 @ 7.0% cap · market cap 11.70%
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
641
Businesses Nearby
Explore this area
Business Placement
Demographics for 31906, GA
21,835
Population
11,046
Households
2
Avg Household Size
38
Median Age
31%
College-Educated
86%
High-School Grad
6.9 sq mi
ZIP Area
3,164
Density / Sq Mi
$41,913
Median Household Income
$35,820
Median Earnings
$872
Median Rent
$170,400
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Well-located office building in Columbus, GA, with ample parking.
Where is this office building located?
The property is located at 2222 Francis St Columbus, GA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Strategically located in the heart of Columbus, GA, near major roads, businesses, shopping, dining, and transportation.; Zoned commercial, making it ideal for office or retail use.; Offers ample on‑site parking for both tenants and visitors.
