3609 Hamilton Road, Columbus, GA 31904
COMMERCIAL - Columbus, GA
Property Features for 3609 Hamilton Road
General Information
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Also on-site is a heated/cooled warehouse with three separate rooms, a storage room, and a bathroom. The warehouse features a roll-up door on the side and walk-up access to Hamilton Road, along with a covered area between the two structures.
The complete lot is fenced for security. The property is zoned C3 commercial, and it may be used as two separate rental properties, or the warehouse could be converted into a 1- or 2-bedroom layout. The warehouse has not been updated.
Key Highlights
- 2 bed, 1 bath home with kitchen, dining area, living area, and front porch
- Hardwood flooring: hardwoods refinished; interior and exterior recently painted
- Metal roof installed on both structures; fenced lot for security
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.8k | $15.60 |
| − Vacancy | −$1.8k | −$1.01 |
| EGI | $26.0k | $14.59 |
| − OpEx | −$11.7k | −$6.56 |
| NOI | $14.3k | $8.02 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 31904, GA
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
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