Listing Agency: Champions Realty Show Phone

Listed By: Andy Buchman · License #281254 Show Phone

Source: Exprealty

Added: Apr 27 Changed: Oct 2 Last Checked: Oct 20 at 10:41PM

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Investment Insights

Based on property information with market context.

This property has operated as an auto repair and collision shop for many years. The building features abundant open space, high ceilings, and a versatile layout designed to support a range of potential uses.

The property is located at 4216 River Road in Columbus, GA 31904.

Key Highlights

• Year built: 1955
• Operated for many years as an auto repair and collision shop
• Abundant open space with high ceilings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$29,135

Cap Rate

6.01%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$582,700 $582.7K

Cap Rate 7%

$416,214 $416.2K

Cap Rate 9%

$323,722 $323.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,550 SF

Gross rent

$44.8K $6.84/SF

− Vacancy

−$3.2K −$0.49/SF

EGI

$41.6K $6.35/SF

− OpEx

−$12.5K −$1.91/SF

NOI

$29.1K $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%

$582,700

Cap Rate 7%

$416,214

Cap Rate 9%

$323,722

Alternative Uses

Best Use

Retail

$1.14M

$997.3K – $1.33M (±1% cap)

NOI $79,783 @ 7.0% cap · market cap 16.45%

Second Best

Industrial

$416.2K

$364.2K – $485.6K (±1% cap)

NOI $29,135 @ 7.0% cap · market cap 6.01%

Theoretical Best

Office A

$1.47M

$1.28M – $1.71M (±1% cap)

NOI $102,590 @ 7.0% cap · market cap 21.16%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Pro Automotive Collision ... Auto Repair Shop BB Alloy Rim ... Auto Repair Shop

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency HVAC Service Skin Care Clinic Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

660

Businesses Nearby

82k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 51% Dining 36% Shops & Services 12% Beauty & Spa 1%

Walmart Neighborhood Market Groceries

42,163 visits/mo 0.3 miles

Burger King Dining

13,097 visits/mo 0.5 miles

Popeyes Louisiana Kitchen Dining

7,356 visits/mo 0.3 miles

BP Shops & Services

5,791 visits/mo 0.3 miles

Captain D's Dining

5,468 visits/mo 0.4 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

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Similar Off Market Nearby

• EJTO'S AUTO CARE & REPAIR — Columbus, GA 31904
• Team 20 Racing and Automotive — 3115 5th Ave, Columbus, GA 31904, United States
• Del & P auto Detailing — 3400 8th Ave, Columbus, GA 31904
• Hornsby Tire Distributors — Columbus Riverfront Industrial Historic District, 3715 1st Ave Suite 8A-2, Columbus, GA 31904
• SideRoad Wrecker Services — 3400 8th Ave, Columbus, GA 31904, United States

Frequently Asked Questions

What type of property is this?

Auto shop - Long-running auto repair and collision shop offering abundant open space and high ceilings for flexible reuse.

Where is this auto shop located?

The property is located at 4216 River Rd Columbus, GA.

What is the asking price?

The asking price for this property is $484,900.

What are key features of this property?

This property features: Year built: 1955; Operated for many years as an auto repair and collision shop; Abundant open space with high ceilings