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Columbus Office/Medical Property For Sale
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802 22nd St, Columbus, GA 31904

3,367 SF building suitable for office or medical use.

Property Size3,367 SF
Price / SF$171.96
Days on Market507

Property Features for 802 22nd St

General Information

Standard status Active
Size 3,367 SF
Property subtype Office
Zoning RO

Building Details

Year Built 1990
Units 1
Listing Agency: Coldwell Banker Commercial Kennon, Parker,Duncan & Davis Columbus
Listed By: Carson Cummings · License #GA
Source: Crexi
Added: May 29, 2025 Changed: Oct 13 Last Checked: Oct 16 at 7:52AM

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 Coldwell Banker Commercial Kennon, Parker,Duncan & Davis Columbus

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Investment Insights

Based on property information with market context.

Located at 802 22nd Street in Columbus, Georgia, this commercial property features a 3,367 square foot building constructed in 1990. The property is suitable for office or medical use, configured as a single unit. It is zoned RO, presenting an investment opportunity for establishing or expanding a business.

Key Highlights

  • 3,367 SF building suitable for office or medical use.
  • Strategic location for business establishment or expansion.
  • Zoned RO, offering investment potential.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,608
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$792,160 $792.2K
Cap Rate 7%
$565,829 $565.8K
Cap Rate 9%
$440,089 $440.1K
Market Conditions
NOI Build-Up for 3,367 SF
Gross rent
$57.0K $16.92/SF
− Vacancy
−$4.2K −$1.24/SF
EGI
$52.8K $15.68/SF
− OpEx
−$13.2K −$3.92/SF
NOI
$39.6K $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%
$792,160
Cap Rate 7%
$565,829
Cap Rate 9%
$440,089

Alternative Uses

Best Use
Office B
$565.8K
$495.1K – $660.1K (±1% cap)
NOI $39,608 @ 7.0% cap · market cap 6.84%
Second Best
Healthcare Medical
$565.0K
$494.4K – $659.2K (±1% cap)
NOI $39,552 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$753.4K
$659.2K – $878.9K (±1% cap)
NOI $52,736 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Dr. Douglas R. ... Pediatrician Hampton Vernon Pediatrician

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Nail Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,832
Businesses Nearby
Under-served
Demand for This Use

Demographics for 31904, GA

36,947
Population
15,947
Households
2.3
Avg Household Size
39
Median Age
31%
College-Educated
88%
High-School Grad
27.5 sq mi
ZIP Area
1,344
Density / Sq Mi
$65,625
Median Household Income
$42,573
Median Earnings
$1,036
Median Rent
$216,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - 3,367 SF building suitable for office or medical use.
Where is this medical office space located?
The property is located at 802 22nd St Columbus, GA.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: 3,367 SF building suitable for office or medical use.; Strategic location for business establishment or expansion.; Zoned RO, offering investment potential.
(706) 289-2468 Call to check price and availability
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