This exceptional .83-acre parcel, Lot 11, presents a prime investment opportunity within the thriving Midland Commons development in Columbus, Georgia. Located on US 80 in East Columbus, this mixed-use property boasts a strategic location within an established 88-acre development anchored by a significant 48,400 square foot Publix supermarket and a substantial 65,000 square foot lifestyle center. The site is zoned PMUD and offers 36,279 square feet of buildable space, priced at $25 per square foot for a total asking price of $906,920. This vibrant retail center already houses a diverse range of successful businesses including Taco Bell, Tractor Supply, Sherwin-Williams, KFC, Arby's, Fresenius Kidney Care, Aspen Dental, and Pizza Hut, alongside other prominent tenants such as First Watch, Culver's, Dunkin' Donuts, Synovus Bank, Panda Express, and Popeye's Chicken. The property benefits from exceptional visibility and accessibility due to its location on a major thoroughfare with a high volume of traffic (57,400 vehicles per day on US 80). The surrounding area demonstrates strong demographics, with an average household income exceeding $97,466 within a three-mile radius. This presents a compelling opportunity for investors seeking a high-return investment in a rapidly growing retail market. The property is offered for sale by owner, with the APN 109 014 002. This is a rare chance to acquire a well-positioned parcel in a successful, established development.
Lifestyle center - High-traffic Columbus, GA retail land.
Where is this lifestyle center located?
The property is located at 6915 Ray Wright Rd Columbus, GA.
What is the asking price?
The asking price for this property is $906,920.
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6915 Ray Wright Rd Columbus, GA 31820
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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.
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Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
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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.
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6915 Ray Wright Rd Columbus, GA 31820
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6915 Ray Wright Rd, Columbus, GA
Wendy Elliott
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