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    6921 Ray Wright Rd Columbus, GA 31909

    For Sale
    Contact for pricing

    1.24-acre commercial lot, Columbus, GA. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1.24-acre commercial land parcel presents a unique investment opportunity in the thriving Midland Commons development, situated in east Columbus, Georgia, at 6921 Ray Wright Rd, zip code 31909. The property, identified by APN 109 014 004, is zoned PMUD and offers significant potential for various commercial uses, including QSR/fast food and restaurant establishments. The land boasts a prime location on US 80, benefiting from high visibility and accessibility. The surrounding area features a robust retail environment, including a 48,000 square foot Publix supermarket and 15,400 square feet of in-line retail space. Further enhancing the area's appeal is a 65,000 square foot lifestyle center, complemented by 22 loft apartments. The asking price for this Class A property is $25, with a land value of $25 per square foot. This represents a compelling opportunity to acquire a strategically located parcel within a well-established and rapidly growing commercial center. Ownership is held by JMC Flatrock Partners, LLC. The property's location offers excellent exposure and access to a substantial customer base. This is an ideal site for businesses seeking high visibility and a strong retail presence in a thriving community.

    Property Features for 6921 Ray Wright Rd

    General Information

    Property type
    Restaurants
    Class
    A
    Lot Size
    54,014 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Columbus
    County
    Muscogee
    State
    Georgia
    Longitude
    -84.8745043
    Latitude
    32.546758

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    FAQs

    What type of property is this?
    Restaurant - 1.24-acre commercial lot, Columbus, GA. High-traffic location.
    Where is this restaurant located?
    The property is located at 6921 Ray Wright Rd Columbus, GA.
    What is the asking price?
    The asking price for this property is $25.
    Request Owner's contact information
    6921 Ray Wright Rd 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
    6921 Ray Wright Rd Columbus, GA 31909
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