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    4215 2Nd Ave Columbus, GA 31904

    For Sale
    $1,995,000

    High-Yield C-Store, Car Wash, Storage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Columbus, Georgia retail investment property, located at 4215 2nd Ave, presents a lucrative opportunity. The 2.85-acre lot houses a thriving convenience store and gas station, complemented by a car wash and storage units, generating substantial income streams. The property boasts a current cap rate of 7.00%, with a pro-forma cap rate projected at 12.00%, indicating significant potential for increased profitability. The asking price is $1,995,000. Situated in Muscogee County, Georgia, with a zip code of 31904, this property benefits from a prime location in Columbus. The existing businesses provide a stable foundation for immediate cash flow, while the pro-forma cap rate suggests substantial upside for future growth and value appreciation. This multi-faceted property offers a diverse range of income streams, mitigating risk and maximizing return on investment. The combination of established businesses and the potential for increased profitability makes this a compelling investment opportunity for discerning buyers seeking strong returns in a stable market. Detailed financial information is available upon request. This is a turnkey operation ready for immediate ownership and income generation.

    Property Features for 4215 2Nd Ave

    General Information

    Property type
    Automotive properties
    Lot Size
    124,146 SF

    HighLights

    • Columbus, GA retail investment property at 4215 2nd Ave, on a 2.85‑acre lot.
    • Includes a convenience store, gas station, car wash, and storage units, generating substantial income.
    • Currently boasts a 7.00% cap rate, with a pro‑forma cap rate projected at 12.00%.
    • Asking price: $1,995,000.
    • Located in Muscogee County, GA (zip code 31904).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Muscogee
    State
    Georgia
    Longitude
    -84.9904893
    Latitude
    32.5037836

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    FAQs

    What type of property is this?
    Automotive property - High-Yield C-Store, Car Wash, Storage
    Where is this automotive property located?
    The property is located at 4215 2Nd Ave 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: Columbus, GA retail investment property at 4215 2nd Ave, on a 2.85-acre lot.; Includes a convenience store, gas station, car wash, and storage units, generating substantial income.; Currently boasts a 7.00% cap rate, with a pro-forma cap rate projected at 12.00%.
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    4215 2Nd Ave Columbus, GA 31904
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    Columbus, GA 31904
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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
    4215 2Nd Ave Columbus, GA 31904
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