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3663 1st Ave Columbus, GA 31904

OFF-MARKET Other commercial real estate Google Maps
289,052 SF 16.11 ac lot Built 1920
Entity Owned Free & Clear
Estimated value (blended)
$865k
Range $779k – $952k (±10%)
Property ID US22-3919088

Property summary

AI-generated overview

River Mill is a warehousing and storage facility on a 16.1-acre site with approximately 402,900 square feet of total warehouse and storage area, historically operated with warehouse, boat/RV/auto storage, and self-storage uses. The property is composed of three main components: River Mill Warehouses with approximately 253,400 square feet divided into 9 units ranging from about 14,200 to 52,180 square feet; River Mill Boat, Auto & RV Storage with approximately 66,100 square feet of climate-controlled indoor storage plus secure outdoor storage; and River Mill Self-Storage with approximately 83,400 square feet of climate-controlled storage containing 65 units sized from about 100 to 1,500 square feet. Common building characteristics include full sprinkler coverage, ceiling heights generally ranging from about 14 to 18 feet, and most spaces equipped with LED lighting. The warehouse component provides a total of 20 loading docks and 5 drive-in doors, with a minimum of 2 docks per warehouse unit. The property is fenced and gated, includes on-site parking for approximately 20 trucks and 46 automobiles, and is zoned MROD (Mill Restoration Overlay District), which allows a broad range of warehouse and related uses.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Construction WOOD
Total area 289,052 SF
Lot 16.11 ac (701,752 SF)
APN 008 008 009
UPID US22-3919088

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$865k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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