Versatile Property with Multiple
For Sale
$1,800,000
5005 14th Ave, Columbus, GA 31904
Prime location with multiple buildings suitable for diverse business needs.
Property Size20,739 SF
Price / SF$86.79
Days on Market328
Property Features for 5005 14th Ave
General Information
Standard status
Active
Size
20,739 SF
Property subtype
Industrial
Building Details
Building Size
20,739 SF
Year Built
1978
Listing Agency:
SVN Fall Line Commercial Advisors
Listed By:
Franklin Harcourt · License #343941
(706) 566-9135
Source:
Svn
Added: Nov 21, 2025
Changed: Oct 7
Last Checked: Oct 12 at 6:31PM
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 SVN Fall Line Commercial Advisors
Investment Insights
Based on property information with market context.
This property, located in a prime spot with high visibility from Veterans Parkway, features multiple parcels and buildings. Designed with functionality and security in mind, the property includes a large gravel lot that connects most of the buildings and is fenced in with multiple gate access points. The main building spans 7,663 square feet and comprises warehouse space with a retail storefront, multiple drive-in roll-up doors, and a spacious upstairs apartment equipped with a kitchen and full bathroom. A 4,800-square-foot body shop includes an office area and six roll-up doors. The corner building, currently operating as a restaurant and grocery store, measures 1,750 square feet. An office warehouse provides 4,020 square feet of space, combining office and warehouse facilities with several roll-up doors. Two additional storage buildings, measuring 756 and 1,750 square feet respectively, also feature roll-up doors. The property is suitable for an owner-user or investor looking to maximize the potential of the space.
Key Highlights
- Prime location with high visibility from Veterans Parkway.
- Multiple buildings on the property offer diverse commercial potential.
- Main building features warehouse space, retail storefront, roll‑up doors, and an upstairs apartment.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,016
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,240,320
$2.2M
Cap Rate 7%
$1,600,229
$1.6M
Cap Rate 9%
$1,244,622
$1.2M
Market Conditions
NOI Build-Up for 20,739 SF
Gross rent
$141.9K $6.84/SF
− Vacancy
−$10.1K −$0.49/SF
EGI
$131.8K $6.35/SF
− OpEx
−$19.8K −$0.95/SF
NOI
$112.0K $5.40/SF
Area
Columbus, GA
Vacancy
7.10%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,240,320
Cap Rate 7%
$1,600,229
Cap Rate 9%
$1,244,622
Alternative Uses
Best Use
Specialty Retail
$3.87M
$3.38M – $4.51M
NOI $270,659 @ 7.0% cap · market cap 15.04%
Second Best
Retail
$3.61M
$3.16M – $4.21M
NOI $252,615 @ 7.0% cap · market cap 14.03%
Theoretical Best
Office A
$4.64M
$4.06M – $5.41M
NOI $324,826 @ 7.0% cap · market cap 18.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
1,000
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 31904, GA
36,947
Population
15,947
Households
2.3
Avg Household Size
39
Median Age
31%
College-Educated
88%
High-School Grad
27.5 sq mi
ZIP Area
1,344
Density / Sq Mi
$65,625
Median Household Income
$42,573
Median Earnings
$1,036
Median Rent
$216,100
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 Industrial in South region
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Similar Off Market Nearby
- Melrose Self Storage Unit — 1905 Manchester Expy, Columbus, GA 31904
- Store Indoor — 4747 Hamilton Rd # C, Columbus, GA 31904
- Besma Self Storage Facility — 4900 Hamilton Rd, Columbus, GA 31904
- Self-Storage at U-Haul — 2500 Airport Thruway, Columbus, GA 31904
Frequently Asked Questions
What type of property is this?
Warehouse - Prime location with multiple buildings suitable for diverse business needs.
Where is this warehouse located?
The property is located at 5005 14th Ave Columbus, GA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Prime location with **high visibility from Veterans Parkway.**; Multiple buildings on the property offer diverse commercial potential.; Main building features **warehouse space, retail storefront, roll‑up doors, and an upstairs apartment.**
