Technology Office
New
For Sale
$1,500,000
4802 Cargo Court, Columbus, GA 31907
The facility includes a dedicated server room, controlled entry, and generator backup.
Property Size5,579 SF
Lot Size2.15 Acres
Price / SF$265.02
Days on Market3
Property Features for 4802 Cargo Court
General Information
Standard status
Active
Size
5,579 SF
Class
A
Total Parking Spaces
25
Lot size
2.15 Acres
Property subtype
Office
Amenities
private offices
call center
conference and training rooms
breakroom
dedicated server room
high-level fixtures and finishes
raised flooring
security cameras
controlled-entry systems
60 KW natural gas generator
specialized HVAC
Building Details
Building Size
5,579 SF
Year Built
2007
Listing Agency:
NAI G2 Commercial
Listed By:
David C. Johnson · License #GA #175456
(706) 577-2398
Source:
G2cre
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 3 at 2:33AM
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 NAI G2 Commercial
Investment Insights
Based on property information with market context.
Built in 2007, this 5,660 SF office and technology property offers private offices alongside a large call-center area, conference and training rooms, a breakroom, and a dedicated server room with specialized HVAC. Raised flooring, security cameras, controlled-entry systems, and a 60 KW natural gas generator with an automatic transfer switch support technology-focused operations. The building was constructed to hurricane standards.
The property occupies approximately 2.15 acres and includes 25 parking spaces. Its configuration and infrastructure support call center, data center, back-office, and other technology operations.
The property occupies approximately 2.15 acres and includes 25 parking spaces. Its configuration and infrastructure support call center, data center, back-office, and other technology operations.
Key Highlights
- 5,660 SF office and technology facility
- Dedicated server room with specialized HVAC
- 60 KW natural gas generator with automatic transfer switch
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
$66,582
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
4.44%
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%
$1,331,640
$1.3M
Cap Rate 7%
$951,171
$951.2K
Cap Rate 9%
$739,800
$739.8K
Market Conditions
NOI Build-Up for 5,660 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
$95.8K $16.92/SF
− Vacancy
−$7.0K −$1.24/SF
EGI
$88.8K $15.68/SF
− OpEx
−$22.2K −$3.92/SF
NOI
$66.6K $11.76/SF
Area
Columbus, GA
Vacancy
7.30%
Lease Rate
$16.92 /SF/Yr
Expense Ratio
25.00%
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%
$1,331,640
Cap Rate 7%
$951,171
Cap Rate 9%
$739,800
Alternative Uses
Best Use
Office B
$951.2K
$832.3K – $1.11M
NOI $66,582 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,650 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Explore this area
Business Placement
Demographics for 31907, GA
60,557
Population
25,710
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
91%
High-School Grad
23.8 sq mi
ZIP Area
2,544
Density / Sq Mi
$52,620
Median Household Income
$33,726
Median Earnings
$1,103
Median Rent
$142,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - The facility includes a dedicated server room, controlled entry, and generator backup.
Where is this office building located?
The property is located at 4802 Cargo Court Columbus, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 5,660 SF office and technology facility; Dedicated server room with specialized HVAC; 60 KW natural gas generator with automatic transfer switch
