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    2921 Airport Thruway Columbus, GA 31909

    Sponsored
    For Sale
    $1,995,000

    High-Yield Retail Investment Opportunity

    Property size:
    4,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,200 square foot convenience store and gas station, located at 2921 Airport Thruway in Columbus, Georgia (Muscogee County, zip code 31909), presents a compelling investment opportunity. The property sits on a 1.33-acre lot and boasts a current cap rate of 7.85%, with a pro-forma cap rate projected at 9.10%. Completely renovated in 2023, this single-story building offers a turnkey operation with significant upside potential. The asking price is $1,995,000. This prime retail location in Columbus, GA provides excellent visibility and accessibility, making it an ideal investment for experienced operators seeking a strong return. The property's strong performance and recent renovation ensure a smooth transition for new ownership. Financial details and further information are available upon request. This is a rare opportunity to acquire a well-established, high-performing convenience store and gas station in a thriving market. Don't miss out on this chance to secure a profitable addition to your investment portfolio. Serious inquiries only.

    Property Features for 2921 Airport Thruway

    General Information

    Property type
    Automotive properties
    Square Feet
    4,200 SF
    Lot Size
    57,935 SF

    Building Details

    Year Renovated
    2023
    Buildings
    1
    Stories
    1

    HighLights

    • 4,200 SF convenience store and gas station on a 1.33‑acre lot in Columbus, GA (31909).
    • Currently boasts a 7.85% cap rate, projected to increase to 9.10%.
    • Completely renovated in 2023, offering a turnkey operation.
    • Asking price: $1,995,000.
    • Prime retail location with excellent visibility and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Golden Opioid Rehab ... Addiction Treatment Center 76 Gas Station Tobacco Palace Convenience Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Muscogee
    State
    Georgia
    Longitude
    -84.9461131
    Latitude
    32.5218602

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    FAQs

    What type of property is this?
    Automotive property - High-Yield Retail Investment Opportunity
    Where is this automotive property located?
    The property is located at 2921 Airport Thruway Columbus, GA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: 4,200 SF convenience store and gas station on a 1.33-acre lot in Columbus, GA (31909).; Currently boasts a 7.85% cap rate, projected to increase to 9.10%.; Completely renovated in 2023, offering a turnkey operation.
    Request Owner's contact information
    2921 Airport Thruway Columbus, GA 31909
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    Columbus, GA 31909
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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
    2921 Airport Thruway Columbus, GA 31909
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