Renovated Medical
For Sale
$1,350,000
6480 Milgen Road, Columbus, GA 31907
Commercial Sale, Columbus, GA
Property Size6,208 SF
Lot Size1.61 Acres
Price / SF$217.46
Days on Market206
Property Features for 6480 Milgen Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
GC
Lot features
Free Standing
Directions
From Jr Allen Parkway (Us-80), Take The Exit For Blackmon Road And Head North. Turn Right Onto Milgen Road And Continue Approximately 1 Mile. The Property Will Be On Your Right.
Subdivision
Muscogee
Standard status
Active
APN
110 005 003C
Size
6,208 SF
Lot size
1.61 Acres
Building Details
Year built
2002
Floors in Building
1
Number of units
1
Building materials
Brick
Listing Agency:
G2 Commercial Real Estate
(706) 660-5418
Listed By:
Jack Hayes
(706) 580-0614
Added: Apr 1
Changed: Oct 20
Last Checked: Oct 23 at 6:06AM
MLS# 230809
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.
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Investment Insights
Based on property information with market context.
Located at 6480 Milgen Road in Columbus, Georgia, this 6208-square-foot medical center is being redeveloped within a brick building constructed in 2002. The planned medical office configuration can accommodate one user or two separate practices, with turnkey delivery and flexibility to customize interior layouts and finishes.
The 1.611-acre property is zoned GC and includes expanded parking designed to support patient circulation. The existing drive-thru has been removed as part of the improvements. Its Midland, or northeast Columbus, setting provides a defined location for a healthcare-focused user seeking a renovated commercial facility.
The 1.611-acre property is zoned GC and includes expanded parking designed to support patient circulation. The existing drive-thru has been removed as part of the improvements. Its Midland, or northeast Columbus, setting provides a defined location for a healthcare-focused user seeking a renovated commercial facility.
Key Highlights
- 6208 square feet on 1.611 acres
- Redevelopment into a medical office configuration for one user or two medical practices
- Turnkey delivery with customizable layouts and finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,029
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,460,580
$1.5M
Cap Rate 7%
$1,043,271
$1.0M
Cap Rate 9%
$811,433
$811.4K
Market Conditions
NOI Build-Up for 6,208 SF
Gross rent
$105.0K $16.92/SF
− Vacancy
−$7.7K −$1.24/SF
EGI
$97.4K $15.68/SF
− OpEx
−$24.3K −$3.92/SF
NOI
$73.0K $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 Rate 5%
$1,460,580
Cap Rate 7%
$1,043,271
Cap Rate 9%
$811,433
Alternative Uses
Best Use
Office B
$1.04M
$912.9K – $1.22M
NOI $73,029 @ 7.0% cap · market cap 5.41%
Second Best
Healthcare Medical
$1.04M
$911.6K – $1.22M
NOI $72,925 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,233 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Medical center - Flexible configuration supports one occupant or two medical practices, with turnkey delivery and customizable interior finishes.
Where is this medical center located?
The property is located at 6480 Milgen Road Columbus, GA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 6208 square feet on 1.611 acres; Redevelopment into a medical office configuration for one user or two medical practices; Turnkey delivery with customizable layouts and finishes
