Auto Shop With High
For Sale
$484,900
4216 River Road, Columbus, GA 31904
Commercial Sale, Columbus, GA
Property Size6,550 SF
Lot Size0.53 Acres
Price / SF$74.03
Days on Market85
Property Features for 4216 River Road
General Information
Property type
Commercial Sale
Property subtype
Other
Exterior features
Paved
Fencing
Fenced
Lot features
Curbs, Sidewalks, Street Lights, Corner Lot, Free Standing
Directions
River Road And Vineville Intersection
Subdivision
Muscogee
Standard status
Active
APN
013025001
Size
6,550 SF
Lot size
0.53 Acres
Utilities
Utilities
Water Available
Heating system
Electric (Heating)
Cooling system
Electric, Central Air
Amenities
open space
high ceilings
Building Details
Year built
1955
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Block
Roof type
Asphalt
Listing Agency:
Champions Realty
(706) 596-1339
Listed By:
Andy Buchman · License #281254
(706) 332-6642
Added: Jun 8
Changed: Aug 27
Last Checked: Aug 31 at 6:06AM
MLS# 231453
Copyright © 2026 Columbus Board of Realtors (GA). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The 6,550-square-foot building occupies 0.53 acres and has a layout historically used for auto repair and collision work. Open interior areas, high ceilings, concrete flooring, and block construction provide a practical foundation for automotive service operations.
The property includes paved exterior areas and fencing. Building systems include electric heating, electric cooling, and central air, while water is available. Built in 1955, the structure has an asphalt roof and offers adaptable commercial space within the auto shop category.
The property includes paved exterior areas and fencing. Building systems include electric heating, electric cooling, and central air, while water is available. Built in 1955, the structure has an asphalt roof and offers adaptable commercial space within the auto shop category.
Key Highlights
- 6,550‑square‑foot building on 0.53 acres
- Historically operated as an auto repair and collision shop
- Open interior areas with high ceilings and concrete flooring
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
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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 - Flexible commercial building with paved surfaces, fencing, and a layout suited to automotive operations.
Where is this auto shop located?
The property is located at 4216 River Road 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: 6,550‑square‑foot building on 0.53 acres; Historically operated as an auto repair and collision shop; Open interior areas with high ceilings and concrete flooring
