Auto Sales Property with Concrete
4520 17th Ave Columbus, GA 31904
For Sale
$199,000
Small auto sales property on a General Commercial zoning lot with near-complete concrete parking.
Property Size1,050 SF
Price / SF$189.52
Days on Market123
Property Features for 4520 17th Ave
General Information
- Standard status
- Active
- Size
- 1,050 SF
Listing Agency:
Rafe Massengale, Appraiser
(706) 587-0543
Listed By:
Rafe Massengale
(706) 587-0543
Source:
Exprealty
Added: Mar 24
Changed: Jul 23
Last Checked: Jul 23 at 3:09AM
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 Rafe Massengale, Appraiser
Investment Insights
Based on property information with market context.
This is a general commercial zoning lot with an existing lot and building configured for an auto sales operation. The property is currently in use, and the owner has indicated the car lot use is grandfathered. The parking area is near completely concrete.
The property is located just off of Manchester Expressway in Columbus, GA (Muscogee County). The owner notes that Muscogee County now requires a 2-acre minimum lot size for car lot use, and the ability to continue the current configuration may depend on the existing grandfathered status.
An additional lot zoned residential is available for purchase, which the owner has used as a laydown area. Appointments are required to view the property because business operations are in progress.
The property is located just off of Manchester Expressway in Columbus, GA (Muscogee County). The owner notes that Muscogee County now requires a 2-acre minimum lot size for car lot use, and the ability to continue the current configuration may depend on the existing grandfathered status.
An additional lot zoned residential is available for purchase, which the owner has used as a laydown area. Appointments are required to view the property because business operations are in progress.
Key Highlights
- General Commercial zoning lot and building located just off Manchester Expressway
- Small auto sales property with owner use grandfathered for car lot
- Near‑complete concrete parking area
Financial Insights For Retail
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 | $19.2k | $18.24 |
| − Vacancy | −$881 | −$0.84 |
| EGI | $18.3k | $17.40 |
| − OpEx | −$5.5k | −$5.22 |
| NOI | $12.8k | $12.18 |
1,050 SF · lease $18.24/SF/yr · vacancy 4.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$182.7K
$159.9K – $213.2K
NOI $12,790 @ 7.0% cap · market cap 6.43%
Second Best
Industrial
$66.7K
$58.4K – $77.8K
NOI $4,670 @ 7.0% cap · market cap 2.35%
Theoretical Best
Office A
$234.9K
$205.6K – $274.1K
NOI $16,446 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Showrooms
FAQs
What type of property is this?
Showroom - Small auto sales property on a General Commercial zoning lot with near-complete concrete parking.
Where is this showroom located?
The property is located at 4520 17th Ave Columbus, GA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: General Commercial zoning lot and building located just off Manchester Expressway; Small auto sales property with owner use grandfathered for car lot; Near‑complete concrete parking area
