Light Manufacturing Warehouse Development
4332 Old Cusseta Road Columbus, GA 31903
4332 Old Cusseta Road, Columbus, GA, 31903
$3,950,000
For Sale
$3,950,000
Industrial tract with existing warehouse space, zoned light manufacturing, and major interstate and road frontage.
Property Size53,000 SF
Price / SF$74.53
Days on Market10
Property Features for 4332 Old Cusseta Road
General Information
- Standard status
- Active
- Size
- 53,000 SF
- Property subtype
- Other
Building Details
- Year Built
- 1960
Listing Agency
RE/MAX Results
(706) 315-8260
Listed by
Morgan Marlowe
(706) 315-8260
Source
Blackstreaminternational
Added: Jul 7 Checked: Jul 16 at 6:27 am
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Investment Insights
Based on property information with market context.
4332 Old Cusseta Road is a light manufacturing-zoned industrial development tract with over 53,000 sf of existing warehouse space. The property is also located in both an Opportunity Zone and an Enterprise zone.
The site has over 1,300 feet of interstate frontage and over 400 feet of frontage on Old Cusseta Road. A new interchange off I-185 onto Old Cusseta Road is expected to be completed in late 2026, with the southbound exit and enter directly in front of the tract. The remarks also note daily traffic of over 42,000 on I-185.
Additional infrastructure upside is described as potential rail access availability on the south side of the property, which may support a range of industrial development plans consistent with the site’s zoning.
The site has over 1,300 feet of interstate frontage and over 400 feet of frontage on Old Cusseta Road. A new interchange off I-185 onto Old Cusseta Road is expected to be completed in late 2026, with the southbound exit and enter directly in front of the tract. The remarks also note daily traffic of over 42,000 on I-185.
Additional infrastructure upside is described as potential rail access availability on the south side of the property, which may support a range of industrial development plans consistent with the site’s zoning.
Key Highlights
- Industrial tract with over 53,000 SF of existing warehouse space
- Zoned Light Manufacturing
- Over 1,300 feet of interstate frontage on I‑185
Local Financial Insights For Warehouse
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 | $362.5k | $6.84 |
| − Vacancy | −$25.7k | −$0.49 |
| EGI | $336.8k | $6.35 |
| − OpEx | −$50.5k | −$0.95 |
| NOI | $286.3k | $5.40 |
53,000 SF · lease $6.84/SF/yr · vacancy 7.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.09M
$3.58M – $4.77M
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
NOI $830,117 @ 7.0% cap · market cap 21.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cole's Towing & Recovery ...
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Allied Storage Facility — 4343 Allied Dr, Columbus, GA 31906
FAQs
What type of property is this?
Warehouse - Industrial tract with existing warehouse space, zoned light manufacturing, and major interstate and road frontage.
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: Industrial tract with over 53,000 SF of existing warehouse space; Zoned Light Manufacturing; Over 1,300 feet of interstate frontage on I‑185
