Industrial Land with Repair
For Sale
Contact for pricing
453 Old Buena Vista Rd, Columbus, GA 31906
Eight contiguous parcels include a 4-bay repair shop, two pole barns, and flat, usable land near Bull Creek.
Property Size3,400 SF
Price / SF$125
Days on Market177
Property Features for 453 Old Buena Vista Rd
General Information
Standard status
Active
Size
3,400 SF
Class
C
Property subtype
Industrial, Land
Zoning
LMI, RMF3
Building Details
Buildings
1
Stories
1
Units
1
Listing Agency:
Braxton Real Estate
Listed By:
Leah Braxton · License #GA 210859
(706) 289-5886
Source:
Crexi
Added: Apr 30
Changed: Oct 20
Last Checked: Oct 23 at 4:31AM
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 Braxton Real Estate
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Investment Insights
Based on property information with market context.
This offering includes eight contiguous parcels totaling 7.2 acres zoned LMI, along with additional land described as 4.7 acres zoned RMf3 and five residential lots. The property was formerly used as a grading contractor location and includes a 4-bay repair shop and two pole barns. The land is flat and described as usable.
The property is located at 453 Old Buena Vista Rd in Columbus, GA 31906 and borders Bull Creek on one side.
With multiple parcels and existing automotive-related improvements, the site is structured to support a variety of uses consistent with the described zoning designations. For zoning specifics and parcel-level details, consult the agent.
The property is located at 453 Old Buena Vista Rd in Columbus, GA 31906 and borders Bull Creek on one side.
With multiple parcels and existing automotive-related improvements, the site is structured to support a variety of uses consistent with the described zoning designations. For zoning specifics and parcel-level details, consult the agent.
Key Highlights
- 8 contiguous parcels totaling 7.2 acres zoned LMI
- Zoning breakdown: 4.7 acres RMf3 plus 5 residential lots
- Former grading contractor location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,123
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,460
$302.5K
Cap Rate 7%
$216,043
$216.0K
Cap Rate 9%
$168,033
$168.0K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$23.3K $6.84/SF
− Vacancy
−$1.7K −$0.49/SF
EGI
$21.6K $6.35/SF
− OpEx
−$6.5K −$1.91/SF
NOI
$15.1K $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 Rate 5%
$302,460
Cap Rate 7%
$216,043
Cap Rate 9%
$168,033
Alternative Uses
Best Use
Retail
$591.6K
$517.7K – $690.2K
NOI $41,414 @ 7.0% cap · market cap 9.74%
Second Best
Industrial
$216.0K
$189.0K – $252.1K
NOI $15,123 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$760.8K
$665.7K – $887.6K
NOI $53,253 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
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Business Placement
Demographics for 31906, GA
21,835
Population
11,046
Households
2
Avg Household Size
38
Median Age
31%
College-Educated
86%
High-School Grad
6.9 sq mi
ZIP Area
3,164
Density / Sq Mi
$41,913
Median Household Income
$35,820
Median Earnings
$872
Median Rent
$170,400
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial land - Eight contiguous parcels include a 4-bay repair shop, two pole barns, and flat, usable land near Bull Creek.
Where is this industrial land located?
The property is located at 453 Old Buena Vista Rd Columbus, GA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 8 contiguous parcels totaling 7.2 acres zoned LMI; Zoning breakdown: 4.7 acres RMf3 plus 5 residential lots; Former grading contractor location
