Auto Shop Retail
For Sale
$549,000
4140 Hamilton Rd, Columbus, GA 31904
Commercial building with an auto shop on a month-to-month lease, ample parking, and a rear loading dock.
Property Size8,159 SF
Price / SF$67.29
Days on Market158
Property Features for 4140 Hamilton Rd
General Information
Standard status
Active
Size
8,159 SF
Additional Details
Road Access
Yes
Dock-High Doors
1
Listing Agency:
RealtyEdge Brokers
(706) 320-3343
Listed By:
Mary Carney
(706) 888-5193
Source:
Exprealty
Added: May 18
Changed: Oct 2
Last Checked: Oct 21 at 12:33AM
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 RealtyEdge Brokers
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial building offers a mix of automotive-focused retail and shop space, with an operating auto shop that is on a month-to-month lease. The offering does not include the businesses operating in the property.
The building provides access from 14th Avenue and 41st Street and is highly visible from Hamilton Road. Ample parking is available for customers and employees, and the rear of the building features a loading dock for deliveries and service operations.
Prospective buyers can review the current operational details and lease terms during their due diligence, as the businesses operating on-site are not part of the agreement.
The building provides access from 14th Avenue and 41st Street and is highly visible from Hamilton Road. Ample parking is available for customers and employees, and the rear of the building features a loading dock for deliveries and service operations.
Prospective buyers can review the current operational details and lease terms during their due diligence, as the businesses operating on-site are not part of the agreement.
Key Highlights
- Commercial building for sale with an operating auto shop; business occupants are not included in the agreement
- Auto shop operates under a month‑to‑month lease
- Access from 14th Avenue and 41st Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,292
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,840
$725.8K
Cap Rate 7%
$518,457
$518.5K
Cap Rate 9%
$403,244
$403.2K
Market Conditions
NOI Build-Up for 8,159 SF
Gross rent
$55.8K $6.84/SF
− Vacancy
−$4.0K −$0.49/SF
EGI
$51.8K $6.35/SF
− OpEx
−$15.6K −$1.91/SF
NOI
$36.3K $4.45/SF
Area
Columbus, GA
Vacancy
7.10%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,840
Cap Rate 7%
$518,457
Cap Rate 9%
$403,244
Alternative Uses
Best Use
Retail
$1.42M
$1.24M – $1.66M
NOI $99,382 @ 7.0% cap · market cap 18.10%
Second Best
Industrial
$518.5K
$453.7K – $604.9K
NOI $36,292 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,791 @ 7.0% cap · market cap 23.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
1
Dock-high doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,066
Businesses Nearby
177k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Groceries 24%
Shops & Services 21%
Walmart Neighborhood Market
Groceries
42,163 visits/mo
0.4 miles
McDonald's
Dining
25,264 visits/mo
0.2 miles
Starbucks
Dining
19,090 visits/mo
0.4 miles
Circle K
Shops & Services
15,397 visits/mo
0.4 miles
Burger King
Dining
13,097 visits/mo
0.2 miles
Demographics for 31904, GA
36,947
Population
15,947
Households
2.3
Avg Household Size
39
Median Age
31%
College-Educated
88%
High-School Grad
27.5 sq mi
ZIP Area
1,344
Density / Sq Mi
$65,625
Median Household Income
$42,573
Median Earnings
$1,036
Median Rent
$216,100
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
Similar Off Market Nearby
- Del & P auto Detailing — 3400 8th Ave, Columbus, GA 31904
- SideRoad Wrecker Services — 3400 8th Ave, Columbus, GA 31904, United States
- Carrillo tire shop — 3422 Veterans Pkwy, Columbus, GA 31904
- Red Beard Upholstery — 3522 Veterans Pkwy, Columbus, GA 31904
- H & M Auto Care Inc. — 3703 River Rd, Columbus, GA 31904
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial building with an auto shop on a month-to-month lease, ample parking, and a rear loading dock.
Where is this auto shop located?
The property is located at 4140 Hamilton Rd Columbus, GA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Commercial building for sale with an operating auto shop; business occupants are not included in the agreement; Auto shop operates under a month‑to‑month lease; Access from 14th Avenue and 41st Street
