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    500 11Th St Columbus, GA 31901

    For Sale
    $4,200,000

    66,000 SF Office Building, $4.2M

    Property size:
    66,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 66,000 square foot office building presents a compelling investment opportunity in the heart of Columbus, Georgia. Located at 500 11th St, Columbus, GA 31901, this property sits on a two-acre lot (APN: 018 021 006) and offers significant potential for redevelopment or adaptive reuse. Originally constructed in 1959, the building is currently zoned LMI, providing considerable flexibility for future development plans. The asking price is $4,200,000, translating to a price per square foot of $63.64. This prime location in Muscogee County offers easy access to key transportation routes and amenities, making it an attractive proposition for investors seeking a substantial property in a thriving Georgia market. The building's substantial size and versatile zoning make it suitable for a wide range of office concepts, promising a strong return on investment. This is a rare opportunity to acquire a significant commercial property in a desirable location with considerable upside potential. Serious inquiries are encouraged.

    Property Features for 500 11Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    66,000 SF
    Lot Size
    87,120 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATM Atm Global Callcenter Solutions ... Corporate Office

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Law Firm Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Muscogee
    State
    Georgia
    Longitude
    -84.985154
    Latitude
    32.466321

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    FAQs

    What type of property is this?
    Office Property / Space - 66,000 SF Office Building, $4.2M
    Where is this office property / space located?
    The property is located at 500 11Th St Columbus, GA.
    What is the asking price?
    The asking price for this property is $4,200,000.
    (706) 289-2468
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    500 11Th St Columbus, GA 31901
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    Columbus, GA 31901
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    Realmo Value Estimation

    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.

    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.

    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
    500 11Th St Columbus, GA 31901
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