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Industrial Warehouse With Interstate Frontage
For Sale
$3,950,000

4332 Old Cusseta Road, Columbus, GA 31903

Commercial Sale, Columbus, GA

Property Size53,000 SF
Lot Size10.51 Acres
Price / SF$74.53
Days on Market92

Property Features for 4332 Old Cusseta Road

General Information

Property type Commercial Sale
Property subtype Other
Directions (Use Gps Due To Area Construction)follow I-185 S To St Marys Rd. Take Exit 3 From I-185 S 4 Min (3.9 Mi) Take N Oakley Dr And Allied Dr To Your Destination 4 Min (1.5 Mi) 4332 Old Cusseta Rd Columbus, Ga 31903
Subdivision Muscogee
Standard status Active
APN 090004009
Size 53,000 SF
Lot size 10.51 Acres

Building Details

Year built 1960
Number of units 1
Listing Agency: Re/Max Results
Listed By: Morgan Marlowe · License #86587
Added: Jul 8 Changed: Aug 27 Last Checked: Oct 7 at 12:06PM
MLS# 232833

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 property comprises 10.51 acres with 53,000 square feet of existing warehouse space constructed in 1960. Light Manufacturing zoning, Opportunity Zone status, and Enterprise Zone designation support its industrial classification and redevelopment context.

The tract includes over 1,300 feet of frontage along I-185 and more than 400 feet on Old Cusseta Road. A new interchange connecting directly to Old Cusseta Road is expected to be completed in late 2026, with entry and exit access planned in front of the property. I-185 carries more than 42,000 vehicles daily according to the provided information.

Key Highlights

  • 53,000 square feet of existing warehouse space on 10.51 acres
  • Over 1,300 feet of frontage along I‑185
  • More than 400 feet of frontage on Old Cusseta Road

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$286,264
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,725,280 $5.7M
Cap Rate 7%
$4,089,486 $4.1M
Cap Rate 9%
$3,180,711 $3.2M
Market Conditions
NOI Build-Up for 53,000 SF
Gross rent
$362.5K $6.84/SF
− Vacancy
−$25.7K −$0.49/SF
EGI
$336.8K $6.35/SF
− OpEx
−$50.5K −$0.95/SF
NOI
$286.3K $5.40/SF
Area
Columbus, GA
Vacancy
7.10%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,725,280
Cap Rate 7%
$4,089,486
Cap Rate 9%
$3,180,711

Alternative Uses

Best Use
Warehouse
$4.09M
$3.58M – $4.77M (±1% cap)
NOI $286,264 @ 7.0% cap · market cap 7.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.86M
$10.38M – $13.84M (±1% cap)
NOI $830,117 @ 7.0% cap · market cap 21.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Cole's Towing & Recovery ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Spa & Massage Center Pharmacy

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby
Under-served
Demand for This Use

Demographics for 31903, GA

20,703
Population
9,593
Households
2.2
Avg Household Size
34
Median Age
8%
College-Educated
76%
High-School Grad
10.0 sq mi
ZIP Area
2,070
Density / Sq Mi
$29,488
Median Household Income
$27,063
Median Earnings
$873
Median Rent
$75,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Allied Storage Facility — 4343 Allied Dr, Columbus, GA 31906

Frequently Asked Questions

What type of property is this?
Warehouse - Existing warehouse improvements occupy a substantial industrial tract with Light Manufacturing zoning.
Where is this warehouse located?
The property is located at 4332 Old Cusseta Road Columbus, GA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 53,000 square feet of existing warehouse space on 10.51 acres; Over 1,300 feet of frontage along I‑185; More than 400 feet of frontage on Old Cusseta Road
More about this property
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