Retail Strip Center with Multi-Suite
7466 Blackmon Road Columbus, GA 31909
For Sale
$2,100,000
SINGLE_FAMILY - Columbus, GA
Property Size7,718 SF
Lot Size1.27 Acres
Price / SF$272.09
Days on Market47
Property Features for 7466 Blackmon Road
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- GC
- Standard status
- Active
- APN
- 101 030 008
- Size
- 7,718 SF
- Lot size
- 1.27 Acres
Building Details
- Year built
- 2017
- Number of units
- 3
Listing Agency:
G2 Commercial Real Estate
(706) 660-5418
Listed By:
Jack Hayes · License #336627
(706) 580-0614
Added: Jun 9
Changed: Jul 23
Last Checked: Jul 25 at 1:06PM
MLS# 231435
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.
Investment Insights
Based on property information with market context.
Blackmon Retail Center is a 7,718-square-foot retail strip center currently configured as three suites. The layout can be separated into up to five spaces, supporting flexible leasing and re-tenanting strategies. One suite is leased to a nationally recognized tenant through 2029, providing stable in-place income. The remaining two suites total 3,322 square feet and 3,052 square feet, with space that was previously operated as a lounge and a former restaurant space that includes an extensive equipment package.
The property is located along Blackmon Road in a well-trafficked retail corridor. The site is zoned GC. The property is offered for sale in Muscogee County, Georgia.
For buyers evaluating a mix of current tenancy and future repositioning, the combination of an in-place lease through 2029 and restaurant-ready improvements in one suite is a practical foundation for a multi-tenant retail plan.
The property is located along Blackmon Road in a well-trafficked retail corridor. The site is zoned GC. The property is offered for sale in Muscogee County, Georgia.
For buyers evaluating a mix of current tenancy and future repositioning, the combination of an in-place lease through 2029 and restaurant-ready improvements in one suite is a practical foundation for a multi-tenant retail plan.
Key Highlights
- 7,718 SF Blackmon Road strip center built in 2017 in a retail corridor
- Currently configured as three suites with potential to be separated into up to five spaces
- One suite leased to a nationally recognized tenant through 2029 for stable in‑place income
Financial Insights For Specialty 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 | $140.8k | $18.24 |
| − Vacancy | −$6.5k | −$0.84 |
| EGI | $134.3k | $17.40 |
| − OpEx | −$33.6k | −$4.35 |
| NOI | $100.7k | $13.05 |
7,718 SF · lease $18.24/SF/yr · vacancy 4.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $100,725 @ 7.0% cap · market cap 4.80%
Second Best
Retail
$1.34M
$1.18M – $1.57M
NOI $94,010 @ 7.0% cap · market cap 4.48%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wednesday Night Comedy ...
Nightclub
Valley Rescue Mission ...
Charitable Organization
Hideaway Lounge
Bar & Pub
Trevioli Italian Kitchen
Restaurant
FAQs
What type of property is this?
Strip mall - Blackmon Retail Center offers three current suites on a retail corridor, with ability to separate into up to five spaces.
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: 7,718 SF Blackmon Road strip center built in 2017 in a retail corridor; Currently configured as three suites with potential to be separated into up to five spaces; One suite leased to a nationally recognized tenant through 2029 for stable in‑place income
