Retail Strip Center For
For Sale
$2,100,000
7466 Blackmon Road, Columbus, GA 31909
7,718 SF retail strip center in high-traffic area.
Property Size7,718 SF
Price / SF$272.09
Days on Market174
Property Features for 7466 Blackmon Road
General Information
Standard status
Active
Size
7,718 SF
Property subtype
Retail
Building Details
Building Size
7,718 SF
Year Built
2017
Listing Agency:
NAI G2 Commercial
Listed By:
Shaun Roberts · License #GA #401120
(706) 615-6484
Source:
Naiglobal
Added: May 14
Changed: Sep 4
Last Checked: Sep 4 at 2:39AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Blackmon Retail Center is a 7,718 square foot neighborhood retail strip center located on Blackmon Road in a well-trafficked retail corridor. The property is zoned GC (General Commercial) and contains three units. It presents a value-add investment opportunity with immediate income and upside potential. The property includes a former nightclub and a fully equipped restaurant space. The restaurant space has 125 seats inside and 40 seats on the outside patio.
Key Highlights
- Value‑add investment opportunity with immediate income and upside potential.
- 7,718 SF neighborhood retail strip center in a well‑trafficked retail corridor.
- Zoned GC (General Commercial).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,010
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,880,200
$1.9M
Cap Rate 7%
$1,343,000
$1.3M
Cap Rate 9%
$1,044,556
$1.0M
Market Conditions
NOI Build-Up for 7,718 SF
Gross rent
$140.8K $18.24/SF
− Vacancy
−$6.5K −$0.84/SF
EGI
$134.3K $17.40/SF
− OpEx
−$40.3K −$5.22/SF
NOI
$94.0K $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%
$1,880,200
Cap Rate 7%
$1,343,000
Cap Rate 9%
$1,044,556
Alternative Uses
Best Use
Retail
$1.34M
$1.18M – $1.57M
NOI $94,010 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.73M
$1.51M – $2.01M
NOI $120,884 @ 7.0% cap · market cap 5.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - 7,718 SF retail strip center in high-traffic area.
Where is this strip mall located?
The property is located at 7466 Blackmon Road Columbus, GA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Value‑add investment opportunity with immediate income and upside potential.; 7,718 SF neighborhood retail strip center in a well‑trafficked retail corridor.; Zoned GC (General Commercial).
