Brick Storefront with Covered
For Sale
$219,500
3717 Gentian Blvd, Columbus, GA 31907
The property includes owner parking, more than 25 parking spaces, and a large commercial safe.
Property Size1,257 SF
Price / SF$174.62
Days on Market211
Property Features for 3717 Gentian Blvd
General Information
Standard status
Active
Size
1,257 SF
Total Parking Spaces
25
Amenities
covered owner parking
huge commercial safe
Building Details
Buildings
1
Construction
brick
Listing Agency:
Champions Realty
(706) 392-6500
Listed By:
Sandi Green · License #58114
(706) 392-6500
Source:
Exprealty
Added: Feb 2
Changed: Aug 31
Last Checked: Aug 31 at 6:06PM
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 Champions Realty
Investment Insights
Based on property information with market context.
This brick storefront property at 3717 Gentian Blvd in Columbus, GA includes covered parking designated for the owner and 25+/- parking spaces. The building also contains a large commercial safe, providing a notable existing feature for a commercial occupant or owner. The property previously operated as a jewelry shop and was held by the same ownership for more than 25 years. Its storefront configuration and existing parking support continued consideration for retail-oriented commercial use.
Key Highlights
- Brick storefront building at 3717 Gentian Blvd, Columbus, GA
- Covered parking for the owner
- 25+/- parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,311
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$306,220
$306.2K
Cap Rate 7%
$218,729
$218.7K
Cap Rate 9%
$170,122
$170.1K
Market Conditions
NOI Build-Up for 1,257 SF
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.
Gross rent
$22.9K $18.24/SF
− Vacancy
−$1.1K −$0.84/SF
EGI
$21.9K $17.40/SF
− OpEx
−$6.6K −$5.22/SF
NOI
$15.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$306,220
Cap Rate 7%
$218,729
Cap Rate 9%
$170,122
Alternative Uses
Best Use
Retail
$218.7K
$191.4K – $255.2K
NOI $15,311 @ 7.0% cap · market cap 6.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$281.3K
$246.1K – $328.1K
NOI $19,688 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
92k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Apparel 31%
Shops & Services 19%
Hotels & Casinos 2%
Burger King
Dining
34,240 visits/mo
0.5 miles
JCPenney
Apparel
28,246 visits/mo
0.5 miles
Dollar General
Shops & Services
10,349 visits/mo
0.0 miles
Applebee's
Dining
10,192 visits/mo
0.4 miles
Truist
Shops & Services
5,479 visits/mo
0.3 miles
Demographics for 31907, GA
60,557
Population
25,710
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
91%
High-School Grad
23.8 sq mi
ZIP Area
2,544
Density / Sq Mi
$52,620
Median Household Income
$33,726
Median Earnings
$1,103
Median Rent
$142,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - The property includes owner parking, more than 25 parking spaces, and a large commercial safe.
Where is this storefront property located?
The property is located at 3717 Gentian Blvd Columbus, GA.
What is the asking price?
The asking price for this property is $219,500.
What are key features of this property?
This property features: Brick storefront building at 3717 Gentian Blvd, Columbus, GA; Covered parking for the owner; 25+/- parking spaces
