For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Prime Commercial Land Portfolio Title is generated by Realmo AI

    4200 Victory Dr, Columbus, GA 31903

    View on Map
    Claim this Listing
    For Sale
    $450,000

    1.67-acre portfolio with retail space and development potential.

    Property size:
    2,505 SF
    Lot size:
    1.67 Acres
    Price / SF:
    $179/SF
    Added:
    Apr 28, 2025
    Days on Market:
    418
    Last Refresh:
    Jan 20 at 8:57 am

    Property Features for 4200 Victory Dr

    General Information

    Standard status
    Active
    Size
    2,505 SF
    Lot size
    1.67 Acres

    We can help!

    Listing Contact
    Jack Hayes
    Jack Hayes

    Listing agent Jack Hayes License #336627

    Listing office G2 Commercial Real Estate

    Listing date Apr 28, 2025

    Source Exprealty

    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 G2 Commercial Real Estate

    HighLights

    • 1.67 acres of contiguous parcels with significant commercial development potential.
    • High‑visibility location with over 28,000 average daily traffic count.
    • Existing income‑producing retail space generating $2,400 per month with no landlord maintenance.
    • Eight parcels zoned Neighborhood Commercial (NC) allowing for diverse commercial uses.
    • Portfolio includes 10 parcels.
    • Two parcels zoned Single‑Family Residential (SFR) offering potential for future rezoning or redevelopment.

    Overview

    This portfolio comprises 10 contiguous parcels, totaling approximately 1.67 acres. One parcel includes a fully leased 2,505 square foot retail space. The tenant provides a reliable income stream, currently paying $2,400 per month, with no landlord maintenance responsibilities. The remaining nine parcels consist of undeveloped land suitable for future commercial development. Eight parcels are zoned Neighborhood Commercial (NC), which allows for various commercial uses, including retail, office, and mixed-use development. The remaining two parcels are zoned Single-Family Residential (SFR), currently limited to residential use but potentially offering future redevelopment or rezoning opportunities. The location on a high-visibility road benefits from an average daily traffic count of over 28,000, providing strong exposure and accessibility. Parcels included in the sale are 062 053 001, 062 053 022, 062 053 020, 062 053 003, 062 053 004, 062 053 005, 062 053 006, 062 053 017, 062 053 018, and 062 053 019.

    Local Financial Insights For Retail

    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 $45.7k $18.24
    − Vacancy −$2.1k −$0.84
    EGI $43.6k $17.40
    − OpEx −$13.1k −$5.22
    NOI $30.5k $12.18
    2,505 SF · lease $18.24/SF/yr · vacancy 4.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $435.9K
    $381.4K – $508.6K (±1% cap)
    NOI $30,513 @ 7.0% cap · market cap 6.78%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $560.5K
    $490.4K – $653.9K (±1% cap)
    NOI $39,235 @ 7.0% cap · market cap 8.72%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Soldiers Place (Bike/Boat/Book/etc) Store The Vape Loft - Vape ... (Bike/Boat/Book/etc) Store Merit Military Lending Loan Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Muscogee
    State
    Georgia
    Longitude
    -84.9404
    Latitude
    32.4082

    FAQs

    What type of property is this?
    Retail space - 1.67-acre portfolio with retail space and development potential.
    Where is this retail space located?
    The property is located at 4200 Victory Dr Columbus, GA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 1.67 acres of contiguous parcels with significant commercial development potential.; High‑visibility location with over 28,000 average daily traffic count.; Existing income‑producing retail space generating $2,400 per month with no landlord maintenance.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message