Retail Storefront For
For Sale
$220,000
Pending
4818 Miller Road, Columbus, GA 31909
Commercial Sale, Columbus, GA
Property Size1,071 SF
Lot Size0.48 Acres
Days on Market155
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Property Features for 4818 Miller Road
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking
8
Basement
Crawl Space
Directions
From Warm Springs Road, Go S On Miller Rd Or Use Gps
Subdivision
Muscogee
Standard status
Pending
APN
083 028 011
Size
1,071 SF
Lot size
0.48 Acres
Building Details
Year built
1947
Number of units
1
Roof type
Asphalt
Listing Agency:
Coldwell Banker / Kennon, Parker, Duncan & Davis · Coldwell Banker Real Estate
(706) 256-1000
Listed By:
Lamar Fields · License #266466
(706) 593-8077
Added: May 14
Changed: Aug 27
Last Checked: Oct 15 at 1:06PM
MLS# 230727
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.
This for-sale retail storefront is located at 4818 Miller Road in Columbus, GA 31909. The property includes approximately 1,071 square feet of commercial space situated on about 0.48 acres.
The listing falls under commercial retail property types and is being offered for sale. With its dedicated storefront configuration, the space may be suited for established retail operations or adaptive retail uses consistent with a buyer’s plans.
The property’s lot and building size provide a straightforward footprint for prospective buyers evaluating a compact retail investment or an owner-occupied storefront.
The listing falls under commercial retail property types and is being offered for sale. With its dedicated storefront configuration, the space may be suited for established retail operations or adaptive retail uses consistent with a buyer’s plans.
The property’s lot and building size provide a straightforward footprint for prospective buyers evaluating a compact retail investment or an owner-occupied storefront.
Key Highlights
- Year built: 1947
- Roof material: asphalt
- Includes a basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,045
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,900
$260.9K
Cap Rate 7%
$186,357
$186.4K
Cap Rate 9%
$144,944
$144.9K
Market Conditions
NOI Build-Up for 1,071 SF
Gross rent
$19.5K $18.24/SF
− Vacancy
−$899 −$0.84/SF
EGI
$18.6K $17.40/SF
− OpEx
−$5.6K −$5.22/SF
NOI
$13.0K $12.18/SF
Area
Columbus, GA
Vacancy
4.60%
Lease Rate
$18.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,900
Cap Rate 7%
$186,357
Cap Rate 9%
$144,944
Alternative Uses
Best Use
Retail
$186.4K
$163.1K – $217.4K
NOI $13,045 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$239.6K
$209.7K – $279.6K
NOI $16,775 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Tidal Wave Auto Spa
Shops & Services
12,288 visits/mo
0.4 miles
Shell
Shops & Services
10,886 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
5,037 visits/mo
0.5 miles
Citgo
Shops & Services
1,750 visits/mo
0.3 miles
Extra Space Storage
Shops & Services
694 visits/mo
0.5 miles
Demographics for 31909, GA
38,760
Population
17,486
Households
2.2
Avg Household Size
35
Median Age
38%
College-Educated
91%
High-School Grad
18.7 sq mi
ZIP Area
2,073
Density / Sq Mi
$69,221
Median Household Income
$44,029
Median Earnings
$1,271
Median Rent
$205,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - For-sale retail storefront on Miller Road in Columbus with 1,071 square feet of space on 0.48 acres.
Where is this storefront property located?
The property is located at 4818 Miller Road Columbus, GA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Year built: 1947; Roof material: asphalt; Includes a basement
