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    Adaptive Warehouse in Columbus, GA Title is generated by Realmo AI

    715 9th Avenue, Columbus, GA 31904

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    Claim this Listing
    For Lease
    $5 SF/Yr $28,302/Mo (calc)

    Renovated mixed-use building with office, warehouse, and retail spaces.

    Type:Office / Warehouse
    Property size:
    67,925 SF
    Added:
    Nov 21, 2025
    Days on Market:
    191
    Last Refresh:
    May 8 at 8:16 pm

    Property Features for 715 9th Avenue

    General Information

    Standard status
    Active
    Size
    67,925 SF
    Property subtype
    Office / Warehouse

    Building Details

    Year Built
    1949

    Spaces For Lease

    at 715 9th Avenue Contact us

    We can help!

    Listing Contact
    Jack Hayes, SIOR, CCIM
    Jack Hayes, SIOR, CCIM

    Listing agent Jack Hayes, SIOR, CCIM License #AL #000094654

    Listing office NAI G2 Commercial

    Listing date Nov 21, 2025

    Source Naiglobal

    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

    HighLights

    • Prime location: Less than 1 mile from Columbus' CBD with easy access to US 27 and US 280.
    • Flexible lease terms & finish to suit options for qualified tenants.
    • +/-67,925 SF of adaptable space suitable for office, warehouse, or retail use.
    • Recently renovated in 2023.
    • Includes off‑street auto parking, truck parking, and outside storage.
    • Historically unique building with ceiling heights between 14' - 16'.

    Overview

    This historically unique building, constructed in the 1940s and expanded through the 1960s, offers approximately 67,925 square feet of space. It was most recently renovated in 2023. The facility is fully sprinkled and well-maintained. Ceiling heights vary between 14 and 16 feet. The property includes off-street auto parking, truck parking, and outside storage. Located along 9th Avenue, less than 1 mile from Columbus' CBD, it provides easy access to US 27 and US 280. The property is located at the intersection of 8th Street and 9th Avenue. Flexible lease terms are available, and the owner can finish to suit for qualified tenants. The property is suitable for office, warehouse, and retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    DLG Print and Design Event Planning Mindset Holistic Health ... Gym & Fitness Center

    Suggested Use

    Real Estate Agency Restaurant Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Law Firm Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • River Mill Storage — 3715 1st Ave, Columbus, GA 31904
    • Southern Storage and Distributon — 3715 1st Ave, Columbus, GA 31904
    • Williams Bros Self Storage Units — 1st Ave, Columbus, GA 31904
    • Metro Self Storage UNITS — 2621 Hamilton Rd, Columbus, GA 31904
    • River Mill Data Management — 3715 1st Ave Building 6A, Columbus, GA 31904

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Muscogee
    State
    Georgia
    Longitude
    -84.9812
    Latitude
    32.4597

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    FAQs

    What type of property is this?
    Warehouse - Renovated mixed-use building with office, warehouse, and retail spaces.
    Where is this warehouse located?
    The property is located at 715 9th Avenue Columbus, GA.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: Prime location: Less than 1 mile from Columbus' CBD with easy access to US 27 and US 280.; Flexible lease terms & finish to suit options for qualified tenants.; +/-67,925 SF of adaptable space suitable for office, warehouse, or retail use.
    (706) 580-0614
    We can help!
    Listing Contact
    Jack Hayes, SIOR, CCIM
    Jack Hayes, SIOR, CCIM
    Real Estate License ID: AL #000094654
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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