Flex Space with Office and
5870 Veterans Pkwy Columbus, GA 31909
5870 Veterans Pkwy, Columbus, GA, 31909
$975,000
Pending
For Sale
$975,000
Pending
Versatile two-level flex layout with office or training rooms, showroom area, multiple storage areas, and ample parking.
Property Size4,981 SF
Days on Market372
Property Features for 5870 Veterans Pkwy
General Information
- Standard status
- Pending
- Size
- 4,981 SF
Listing agency
Keller Williams Realty River Cities
(706) 593-8077
Listed by
Lamar Fields · License #266466
(706) 593-8077
Source
Exprealty
Added: Jul 16, 2025 Updated: Jul 22 at 4:48PM Checked: Jul 22 at 4:48PM
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 Keller Williams Realty River Cities
Investment Insights
Based on property information with market context.
Located in a commercial shopping center off Veterans Parkway in Columbus, GA, this versatile flex space combines retail-style showroom space with office, reception, training, and storage areas. The main floor includes three office or training rooms, a retail showroom or storefront area, two restrooms, and multiple storage spaces.
Upstairs offers two additional office or training rooms along with large storage areas that could support additional office use. The property includes ample parking to accommodate staff and clients.
The listing also notes that more than 24,000 cars pass by daily on Veterans Parkway, supporting strong visibility for the center.
Upstairs offers two additional office or training rooms along with large storage areas that could support additional office use. The property includes ample parking to accommodate staff and clients.
The listing also notes that more than 24,000 cars pass by daily on Veterans Parkway, supporting strong visibility for the center.
Key Highlights
- Versatile two‑level flex space designed for a mix of retail, office, reception, training, and storage areas
- Main floor includes three office or training rooms, a retail showroom or storefront area, two restrooms, and multiple storage spaces
- Upstairs offers two additional office or training rooms plus large storage areas that can be converted into more office space
Local 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 | $90.9k | $18.24 |
| − Vacancy | −$4.2k | −$0.84 |
| EGI | $86.7k | $17.40 |
| − OpEx | −$26.0k | −$5.22 |
| NOI | $60.7k | $12.18 |
4,981 SF · lease $18.24/SF/yr · vacancy 4.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$866.7K
$758.4K – $1.01M
NOI $60,672 @ 7.0% cap · market cap 6.22%
Second Best
Office B
$837.1K
$732.4K – $976.6K
NOI $58,595 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$1.11M
$975.2K – $1.30M
NOI $78,015 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Luxe & Mane Salon
Hair Salon
Snatched Beauty LLC
Spa & Massage Center
Fins and Flippers ISR
Swimming School
Locs, Twists, Braids ...
Hair Salon
River City Scuba
Vocational School
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Versatile two-level flex layout with office or training rooms, showroom area, multiple storage areas, and ample parking.
Where is this flex space located?
The property is located at 5870 Veterans Pkwy Columbus, GA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Versatile two‑level flex space designed for a mix of retail, office, reception, training, and storage areas; Main floor includes three office or training rooms, a retail showroom or storefront area, two restrooms, and multiple storage spaces; Upstairs offers two additional office or training rooms plus large storage areas that can be converted into more office space
