Freestanding Commercial Building Near Fort
For Sale
Contact for pricing
2408 Fort Benning Rd, Columbus, GA 31903
Turnkey, renovated commercial building near Fort Benning with high visibility.
Property Size1,475 SF
Price / SF$172.88
Days on Market154
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Property Features for 2408 Fort Benning Rd
General Information
Standard status
Active
Size
1,475 SF
Total Parking Spaces
12
Property subtype
Retail
Investment Type
Owner/User
Building Details
Year Built
1960
Year Renovated
2025
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Coldwell Banker Commercial - KPDD
Listed By:
Blake Carter · License #450145
(706) 566-2916
Source:
Crexi
Added: May 15
Changed: Oct 9
Last Checked: Oct 14 at 8:35PM
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 Coldwell Banker Commercial - KPDD
Investment Insights
Based on property information with market context.
This 1,472 SF freestanding commercial building offers a real estate opportunity for laundromat operators, investors, or owner-users. The property was completely updated in 2025 and features capital improvements including new gas lines, a new electrical system, new plumbing, a new HVAC system with ductwork, and a new metal roof. The offering includes the real estate only. The interior layout consists of one large open operating area with a restroom and dedicated storage space. Constructed with block walls and topped with a metal roof, the building offers a low-maintenance exterior and functional design suitable for continued laundromat use or potential adaptive commercial uses. Positioned near the entrance to Fort Benning, this property benefits from visibility along a heavily traveled corridor less than 0.5 mile from Victory Drive. The location offers exposure to local and military-related traffic and sits directly across from the new Columbus Technical College Commercial Driving School. With a population of more than 10,381 residents within a 5-minute drive, the property is situated to serve the surrounding community and daily commuter traffic.
Key Highlights
- Prime location near Fort Benning entrance with high visibility and traffic.
- Fully renovated in 2025 with new gas lines, electrical, plumbing, HVAC, and metal roof.
- Turnkey opportunity for laundromat or other commercial use.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,966
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,320
$359.3K
Cap Rate 7%
$256,657
$256.7K
Cap Rate 9%
$199,622
$199.6K
Market Conditions
NOI Build-Up for 1,475 SF
Gross rent
$26.9K $18.24/SF
− Vacancy
−$1.2K −$0.84/SF
EGI
$25.7K $17.40/SF
− OpEx
−$7.7K −$5.22/SF
NOI
$18.0K $12.18/SF
Area
Columbus, GA
Vacancy
4.60%
Lease Rate
$18.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,320
Cap Rate 7%
$256,657
Cap Rate 9%
$199,622
Alternative Uses
Best Use
Retail
$256.7K
$224.6K – $299.4K
NOI $17,966 @ 7.0% cap · market cap 7.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$330.0K
$288.8K – $385.0K
NOI $23,102 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 34%
Hotels & Casinos 28%
Exxon
Shops & Services
2,625 visits/mo
0.4 miles
Holiday Inn Express & Suites Columbus-Fort Benning
Hotels & Casinos
2,547 visits/mo
0.4 miles
Papa John's Pizza
Dining
1,728 visits/mo
0.4 miles
Krispy Krunchy Chicken
Dining
1,331 visits/mo
0.3 miles
Precision Tune Auto Care
Shops & Services
708 visits/mo
0.3 miles
Demographics for 31903, GA
20,703
Population
9,593
Households
2.2
Avg Household Size
34
Median Age
8%
College-Educated
76%
High-School Grad
10.0 sq mi
ZIP Area
2,070
Density / Sq Mi
$29,488
Median Household Income
$27,063
Median Earnings
$873
Median Rent
$75,500
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Turnkey, renovated commercial building near Fort Benning with high visibility.
Where is this retail space located?
The property is located at 2408 Fort Benning Rd Columbus, GA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Prime location near Fort Benning entrance with high visibility and traffic.; Fully renovated in 2025 with new gas lines, electrical, plumbing, HVAC, and metal roof.; Turnkey opportunity for laundromat or other commercial use.
