Flex Building with TPO
For Sale
Contact for pricing
3290 VICTORY DR B, Columbus, GA 31903
The building is currently used as a cleaners and suits light industrial, warehouse, flex, or service functions.
Property Size6,480 SF
Lot Size1.38 Acres
Price / SF$77.16
Days on Market175
Property Features for 3290 VICTORY DR B
General Information
Standard status
Active
Size
6,480 SF
Class
C
Total Parking Spaces
20
Lot size
1.38 Acres
Property subtype
Retail, Mixed Use
Zoning
GC
Additional Details
Road Access
Yes
Building Details
Year Built
1953
Buildings
1
Stories
1
Units
2
Tenancy
Single
Building Size
6,480 SF
Listing Agency:
Keller Williams Realty River Cities
Listed By:
jovan kelly · License #440118
Source:
Crexi
Added: Apr 24
Changed: Oct 4
Last Checked: Oct 12 at 7:36PM
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.
Built in 1953, this 6,480± SF flex building occupies a 1.38-acre General Commercial-zoned parcel at 3290 Victory Dr. The 80-ft-deep structure is currently operated as a cleaners and can accommodate light industrial, warehouse, flex, or service uses. A TPO roof installed in 2015 is an established building improvement.
The property includes approximately 200 feet of frontage along Victory Drive. Its substantial land area provides a setting for parking, outdoor storage, or additional site development, subject to applicable approvals. The combination of an existing commercial building, GC zoning, and a sizable parcel supports consideration by an owner-user or investor.
The property includes approximately 200 feet of frontage along Victory Drive. Its substantial land area provides a setting for parking, outdoor storage, or additional site development, subject to applicable approvals. The combination of an existing commercial building, GC zoning, and a sizable parcel supports consideration by an owner-user or investor.
Key Highlights
- 6,480± SF industrial/flex building
- 1.38‑acre General Commercial‑zoned lot
- ±200 feet of frontage on Victory Drive
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,000
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,000
$700.0K
Cap Rate 7%
$500,000
$500.0K
Cap Rate 9%
$388,889
$388.9K
Market Conditions
NOI Build-Up for 6,480 SF
Gross rent
$44.3K $6.84/SF
− Vacancy
−$3.1K −$0.49/SF
EGI
$41.2K $6.35/SF
− OpEx
−$6.2K −$0.95/SF
NOI
$35.0K $5.40/SF
Area
Columbus, GA
Vacancy
7.10%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,000
Cap Rate 7%
$500,000
Cap Rate 9%
$388,889
Alternative Uses
Best Use
Warehouse
$500.0K
$437.5K – $583.3K
NOI $35,000 @ 7.0% cap · market cap 7.00%
Second Best
Industrial
$411.8K
$360.3K – $480.4K
NOI $28,823 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,494 @ 7.0% cap · market cap 20.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in South region
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Similar Off Market Nearby
- Ricos Pinchos — 1214 Fort Benning Rd, Columbus, GA 31903
Frequently Asked Questions
What type of property is this?
Flex space - The building is currently used as a cleaners and suits light industrial, warehouse, flex, or service functions.
Where is this flex space located?
The property is located at 3290 VICTORY DR B Columbus, GA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 6,480± SF industrial/flex building; 1.38‑acre General Commercial‑zoned lot; ±200 feet of frontage on Victory Drive
