Automotive Repair and Collision
For Sale
$484,900
4216 River Rd, Columbus, GA 31904
Long-running auto repair and collision shop offering abundant open space and high ceilings for flexible reuse.
Property Size6,550 SF
Price / SF$74.03
Days on Market133
Property Features for 4216 River Rd
General Information
Standard status
Active
Size
6,550 SF
Listing Agency:
Champions Realty
(321) 392-0225
Listed By:
Andy Buchman · License #281254
(706) 332-6642
Source:
Exprealty
Added: Apr 27
Changed: Sep 5
Last Checked: Sep 5 at 2:17PM
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 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.
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 = 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
$29,135
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
6.01%
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%
$582,700
$582.7K
Cap Rate 7%
$416,214
$416.2K
Cap Rate 9%
$323,722
$323.7K
Market Conditions
NOI Build-Up for 6,550 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
$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 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%
$582,700
Cap Rate 7%
$416,214
Cap Rate 9%
$323,722
Alternative Uses
Best Use
Retail
$1.14M
$997.3K – $1.33M
NOI $79,783 @ 7.0% cap · market cap 16.45%
Second Best
Industrial
$416.2K
$364.2K – $485.6K
NOI $29,135 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,590 @ 7.0% cap · market cap 21.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
